SGX shares perk up amid broker's upbeat report
Goldman Sachs sees solid, sustained earnings growth over the next two years; exchange says it is not aware of any reason for the unusual trading activity
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
PROFITS at the Singapore Exchange (SGX) have turned the corner, and an under-appreciated China contract suggests that the market operator is worth a buy, Goldman Sachs opined this week.
Goldman Sachs on Monday raised its 12-month target price for the stock to S$9.50 from S$8.80 after November's volumes rose more than expected. The broker maintained its "buy" call on the stock, which is on Goldman Sachs' "conviction list".
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
