About this episode

The episode discusses market sentiment and financial outlooks for banks and REITs as Singapore's earnings season begins.

In this episode, our host and Head of Research, Thilan Wickramasinghe, discusses how improving sentiment following reports of a potential reopening of the Straits of Hormuz is supporting markets as Singapore’s 1Q results season begins. He outlines what to expect for the banking sector, where earnings momentum may be mixed but supported by wealth fees, trading income and safe-haven inflows. We begin with our REITs Analyst, Krishna, who reviews early 1Q results from key names and shares his outlook for the sector amid ongoing rate-cut uncertainty. This is followed by our SMIDs Analyst, Jarick Seet, who explains his significant target price upgrade for Addvalue Tech after its strong share price performance and improving growth outlook. Our Analyst, Xuan Hao Toh, then discusses iFAST’s 1Q earnings miss and why he continues to maintain a BUY call on the stock, before we close with broader reflections on positioning into the results season. -Edited by ibrahim halil

People in this episode

Host: Thilan Wickramasinghe

Guests: Krishna, Jarick Seet, Xuan Hao Toh

Topics covered

• banking sector
• REITs
• stock market
• earnings season
• investment outlook
• financial analysis

Keywords

• banking
• REITs
• earnings
• stock performance
• market sentiment
• investment strategies

Mentioned in this episode

Organizations: Maybank, iFAST, Addvalue Tech

Places: Straits of Hormuz

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