SUBSCRIBERS

Latest profit misses trigger flurry of downgrades for Singapore stocks

Telcos get worst revisions, trade war continues to weigh on electronics, property remains tricky, while banks are a prime pick for most brokerages

Published Sun, Nov 18, 2018 · 09:50 PM

venture corp

Singapore

A RASH of analyst downgrades rounds up the latest September-quarter corporate earnings parade, in which more companies fell short of the street's growth forecasts and positive surprises grew rarer.

Banks were the only consistent performers, with the rest of the sectors posting disappointing or mixed results.

Only three Straits Times Index (STI) stocks - Yangzijiang Shipb…

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Telcos, Media & Tech

SK hynix, Taiwan’s TSMC to collaborate on next-gen chips
CSE Global bags US$36.5 million data centre contract extension
Apple removes WhatsApp, Threads from China app store on government order
Microsoft’s OpenAI partnership could face EU antitrust probe: sources
Meta releases early versions of its Llama 3 AI model
Google fires 28 workers protesting against US$1.2 billion Israeli contract

Purchase this article

Companies & Markets

Latest profit misses trigger flurry of downgrades for Singapore stocks

KEYWORDS IN THIS ARTICLE

Telcos, Media & Tech

SK hynix, Taiwan’s TSMC to collaborate on next-gen chips

CSE Global bags US$36.5 million data centre contract extension

Apple removes WhatsApp, Threads from China app store on government order

Microsoft’s OpenAI partnership could face EU antitrust probe: sources

Meta releases early versions of its Llama 3 AI model

Google fires 28 workers protesting against US$1.2 billion Israeli contract

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT