Markets Rebound: Commodities, DBS and New BUY Calls
About this episode
The episode discusses market rebounds in commodities and banking, featuring insights on Olam Group, Grab, DBS, and Bumrungrad Hospital.
In this episode, our host and Head of Research, Thilan Wickramasinghe, discusses how improving sentiment following US efforts to reopen the Straits of Hormuz is easing oil concerns and supporting markets. Commodities remain in focus, alongside key opportunities emerging across banks, healthcare and internet platforms. We begin with our Telco & Internet Analyst, Hussaini Saifee, who introduces Maybank’s new BUY initiation on Olam Group and explains why the market may be underappreciating the company’s transformation and long-term value. He also discusses Grab following Indonesia’s surprise move to cap ride-hailing commissions and why he continues to maintain a BUY call on the stock. We then turn to DBS, where strong 1Q26 results reinforced confidence in earnings resilience, wealth management growth and capital return visibility. Finally, we discuss our upgrade on Bumrungrad Hospital to BUY, as improving Middle East patient flows and resilient demand support a more constructive outlook for the Thai healthcare leader.
People in this episode
Host: Thilan Wickramasinghe
Guest: Hussaini Saifee
Mentioned in this episode
Organizations: Olam Group, Grab, DBS, Bumrungrad Hospital
Places: Straits of Hormuz, Indonesia, Middle East, Thai
More episodes of ASEAN Speaks
- Policy Tightening and Oil Risks: REITs, Grab and Bank Outlook
- Niche Value in Uncertain Markets: Energy, Gold and Hidden Winners
- The Oil Shock Playbook: Energy Transition, Banks and CPO Upside
- Rising Oil, Rising Risks: ASEAN Strategy and O&G Opportunities
- Markets Under Pressure: Oil, Conflict and Investment Strategy
- Defence, REITs and Resilient Stocks in Uncertain Times
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