0142 GMT - Singapore Exchange stands to benefit from an uncertain macroeconomic outlook and potential rate cuts this year, UOB Kay Hian analysts say in a research report. These would improve trading velocity at SGX, sending its cash equities segment into revenue and profitability growth, the analysts say. Also, upcoming announcements from the Monetary Authority of Singapore's review group to revitalize Singapore's stock market would likely boost investor sentiment in 2025, they add. The brokerage lifts its FY 2025-2027 headline PATMI forecasts for SGX by 8%-9% to reflect higher margin assumptions. It raises the stock's target price to S$12.58 from S$11.83 with an unchanged hold rating. Shares are 0.4% higher at S$13.76. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 10, 2025 20:42 ET (01:42 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。