UOB Kay Hian

Deteriorating fiscal sustainability in major economies is keeping foreign bond yields structurally higher

The Singapore portfolio rises 5.6% on a market cap-weighted basis while the STI gains 2.3%

Earnings per share are S$0.1686 for the half-year, up from S$0.106 previously

UOBKH downgrades Seatrium to ‘hold’ from ‘buy’, lowers its target price to S$2.30

The brokerage, however, maintains a ‘hold’ call

UOBKH investors can look forward to a dividend yield of about 4%, says the research house

The Singapore portfolio falls 8.2% on an equal-weighted basis while the STI gains 2.6%

Singtel’s 18% drop from a March peak is an ‘opportunity to add’, while Venture’s revenue may be boosted by AI

The Singapore portfolio is up 5.2% month on month while the STI gains 0.6%