PropNex's Shares May Extend Price Gains -- Market Talk

Dow Jones

Jul 03, 2025

0147 GMT - PropNex's shares may extend price gains, based on the technical chart, Phillip Securities Research's Zane Aw says in a commentary. The share price broke above resistance at S$1.10 on an ascending triangle pattern on Wednesday, with higher lows formed since the beginning of April and the S$1.03 level holding as support. "This provides a bullish signal," the analyst says. The moving average convergence divergence indicator shows increasing momentum while holding above the zero line, supporting the bullish view. The share price is expected to rise further and reach S$1.26, the analyst adds. Shares are unchanged at S$1.12. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

July 02, 2025 21:47 ET (01:47 GMT)

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The share price broke above resistance at S$1.10 on an ascending triangle pattern on Wednesday, with higher lows formed since the beginning of April and the S$1.03 level holding as support. \"This provides a bullish signal,\" the analyst says. The moving average convergence divergence indicator shows increasing momentum while holding above the zero line, supporting the bullish view. The share price is expected to rise further and reach S$1.26, the analyst adds. Shares are unchanged at S$1.12. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 02, 2025 21:47 ET (01:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PropNex's Shares May Extend Price Gains -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPropNex's Shares May Extend Price Gains -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-03 09:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0147 GMT - PropNex's shares may extend price gains, based on the technical chart, Phillip Securities Research's Zane Aw says in a commentary. The share price broke above resistance at S$1.10 on an ascending triangle pattern on Wednesday, with higher lows formed since the beginning of April and the S$1.03 level holding as support. \"This provides a bullish signal,\" the analyst says. The moving average convergence divergence indicator shows increasing momentum while holding above the zero line, supporting the bullish view. The share price is expected to rise further and reach S$1.26, the analyst adds. Shares are unchanged at S$1.12. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 02, 2025 21:47 ET (01:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6512","symbol_name":"房地产股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2548847919","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548847919","pubTimestamp":1751507220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0147 GMT - PropNex's shares may extend price gains, based on the technical chart, Phillip Securities Research's Zane Aw says in a commentary. The share price broke above resistance at S$1.10 on an ascending triangle pattern on Wednesday, with higher lows formed since the beginning of April and the S$1.03 level holding as support. \"This provides a bullish signal,\" the analyst says. The moving average convergence divergence indicator shows increasing momentum while holding above the zero line, supporting the bullish view. The share price is expected to rise further and reach S$1.26, the analyst adds. Shares are unchanged at S$1.12. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6512":"房地产股","BK6010":"房地产服务","OYY.SI":"PROPNEX LIMITED"},"translate_title":"PropNex股价可能会扩大价格涨幅——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OYY.SI":0.9},"content_text":"0147 GMT - PropNex's shares may extend price gains, based on the technical chart, Phillip Securities Research's Zane Aw says in a commentary. The share price broke above resistance at S$1.10 on an ascending triangle pattern on Wednesday, with higher lows formed since the beginning of April and the S$1.03 level holding as support. \"This provides a bullish signal,\" the analyst says. The moving average convergence divergence indicator shows increasing momentum while holding above the zero line, supporting the bullish view. The share price is expected to rise further and reach S$1.26, the analyst adds. Shares are unchanged at S$1.12. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 02, 2025 21:47 ET (01:47 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}