
Maybank Kim Eng is keeping its "negative" rating on the Singapore banks part in the midst of a pickup in repatriation of abroad resources under Indonesia's expense acquittal program.
Add up to abroad resource repatriation dramatically increased from IDR58.3 trillion ($6 billion) on Sept 20, surging to IDR137 trillion as of Oct 4, as indicated by Maybank.
An aggregate of IDR666.4 trillion worth of advantages in Singapore has been announced, Indonesia's assessment authorities say.
Hot Stocks for Intra & Contra Day Trader in SGX Market :
- SunMoon
- Noble
- Malaysia Smelting
- Federal Int’l
- FCL
Receny Recommendations :
- SGX INTRADAY SIGNAL: BUY SPACKMAN AT 0.121 TARGET 0.125, 0.129 SL 0.116 ….
- SGX INTRADAY SIGNAL: BUY ALLIANCE MINERAL AT 0.132 TARGET 0.138, 0.145 SL 0.125