|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||55.79 - 56.56|
|52 Week Range||50.89 - 72.29|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||6.80|
|Forward Dividend & Yield||0.88 (1.58%)|
|1y Target Est||N/A|
* Lack of detail about trade talk progress weighs on sentiment * Malaysian palm oil exports to meet EU standards by 2021 * Singapore falls to near 3-week low, Jardine Matheson down By Arundhati Dutta Nov 19 (Reuters) - Most Southeast Asian stock markets fell on Tuesday as lack of significant progress in U.S.-China trade talks kept investors on the edge, while Malaysia slipped after the government announced new food safety standards for its vital palm oil industry. "The trade-talks are starting to look more like an iceberg, and not a lighthouse," Jeffrey Halley, senior market analyst for Asia Pacific at OANDA said in a note. The closer markets were getting to the looming Dec. 15 deadline, when a new set of U.S. tariffs on Chinese imports will kick in if a deal is not met, the more lonely equity markets are starting to look, he added.
When clashes between police and protesters spilled into the heart of Hong Kong’s business district this week, one company provided the backdrop. Jardine Matheson’s status as one of the largest property owners in Central, as the district is known, is at the heart of a fortune that dates back almost two centuries to the opium trade with China’s Qing dynasty. and the property market become increasingly unaffordable for many.
* China's Oct industrial output grew slower than expected * Philippine shares at near 4-week low * Thai cenbank to lower growth outlook for 2019 & 2020 By Anushka Trivedi Nov 14 (Reuters) - Most Southeast Asian stock markets declined on Thursday, as dismal economic print from China and rising uncertainty over a highly-anticipated Sino-U.S. trade deal weighed on risk sentiment. Indonesian stocks dropped the most in the region after data showed China's industrial output grew significantly slower than expected in October, reinforcing views that long-drawn trade war with United States is taking a toll on the world's second-largest economy. "The latest news added to the sense that the path to any trade deal remains riddled with uncertainties and contributed to the relatively lower market risk appetite," OCBC analysts said in a note.
* Markets await Trump's speech * Bangkok Life Assurance posts upbeat quarterly results * Vietcombank rises on deal with FWD Group By Anushka Trivedi Nov 12 (Reuters) - Southeast Asian markets eked out modest gains on Tuesday, with trade-sensitive Singapore shares rising the most as investors eagerly await a key speech by U.S. President Donald Trump for clues on a U.S.-China trade deal. Later in the day, Trump is scheduled to address U.S. trade policy at the Economic Club of New York, and markets will tune in for any upbeat commentary since his remark on Friday, that he had not agreed to roll back tariffs, had dented prospect of an imminent trade pact. In a low volume session, Singapore shares jumped 0.8% on strength in industrial stocks.
* Philippine shares on track to slide for 3rd session * BSP says Aug FDI net flows dropped significantly * Telcos boost Thai stocks By Anushka Trivedi Nov 12 (Reuters) - Philippine shares dropped to their lowest in almost two weeks on Tuesday, pulled lower by financials stocks, while Singapore led gains in Southeast Asia ahead of retail sales data due later in the day. The benchmark Philippine index dropped 0.4% after the country's central said on Monday that foreign direct investments (FDI) net inflows decreased to $416 million in August from $758 million a year ago as ongoing uncertainty in the global environment dampened sentiment. Singapore shares advanced 0.3%, after losing about 1.4% in the past two sessions on weakness in industrial stocks.
* Singapore top loser, falls most in one month * Indonesia rises as central bank sees improved Q4 GDP * Philippines rises for fifth consecutive week By Sameer Manekar Nov 8 (Reuters) - Most Southeast Asian markets closed lower on Friday, as a report on internal opposition in Washington to tariff rollback on Chinese goods trumped optimism over the possibility of an interim Sino-U.S. trade deal. Malaysia's benchmark index inched up to close at over two-month high.
* Thai stocks flat-to-low ahead of C.bank policy decision * Philippines sees worst session in over a month * Singapore set to rise for third consecutive session By Sameer Manekar Nov 6 (Reuters) - Most Southeast Asian stock markets traded in a flat-to-low range on Wednesday, with the Philippines leading declines after recent gains, as investors turned cautious in anticipation of concrete details from the Sino-U.S. trade negotiations. China is insisting that the United States remove tariffs imposed in September as a part of the "phase one" Sino-U.S. trade deal, which is expected to be signed this month at a yet-to-be-determined location. "Continued optimism that the U.S. and China are on the cusp of sealing the 'Phase 1' trade deal is now conditional on meeting Beijing's demand for a rollback at least of tariffs imposed in September, over and above avoiding further tariff escalation," Mizuho Bank said in a note.
* BI expected to cut benchmark rate by 25 bps - Reuters poll * Indonesia set to rise for 10th straight session * MAS chief says Singapore economy may recover in few quarters - Bloomberg By Sameer Manekar Oct 24 (Reuters) - Indonesian stocks hit a six-week high on Thursday ahead of the central bank's key rate decision, while Singapore shares rose on hopes of a revival in economic growth in the city-state. Bank Indonesia (BI) is expected to cut its benchmark rate by 25 basis points later on Thursday, according to a Reuters poll, as the central bank looks to shore up an economy struggling to maintain its growth trajectory. "BI will probably cut (its) policy rate again given external resilience, waning growth momentum and lacklustre credit growth," Mizuho Bank said in a note to clients.
* Investors watch for signs of thaw in the U.S.-China trade war * Indonesia set to snap eight sessions of gains * Singapore marks worst session in two weeks By Sameer Manekar Oct 23 (Reuters) - Southeast Asian stock markets dropped on Wednesday, with the Philippines leading declines, on prolonged U.S.-China trade spat and as investors locked in profits following a recent rally. Investors are also closely watching for signs of a thaw in the U.S.-China trade war, which has cast a shadow over financial markets and global economic growth. An exclusive Reuters report that one of the U.S. advisers to U.S. President Donald Trump on trade talks with China will leave government could introduce some uncertainty about future trade talks.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Hongkong Land Holdings Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
* Sino-U.S. trade talks slated to start Thursday * Philippine c.bank gov signals end of rate cuts for 2019 * Malaysia touches lowest close in over 4 years By Soumyajit Saha Oct 9 (Reuters) - Most Southeast Asian stock markets closed lower on Wednesday as rising tensions between the United States and China punctured hopes of a trade deal with talks slated to begin on Thursday.
* Sino-U.S. trade talks set to start on Thursday * Philippine c.bank gov signals end of rate cuts for 2019 * Singapore set to snap two sessions of gains By Soumyajit Saha Oct 9 (Reuters) - Most Southeast Asian stock markets dropped on Wednesday, as tensions between the United States and China heightened hours ahead of high-level negotiations, denting hopes of a trade deal. Washington imposed visa restrictions on Chinese government and Communist Party officials over abuses of Muslim minorities. "I think more bad news is yet to come." Philippine stocks shed previous session's rally to drop as much as 1% after the central bank said that last month's rate cut could be the last of 2019.
* Push for Trump impeachment increases political risk * Philippine stocks at four-week low * Thai stocks down ahead of cenbank policy decision By Anushka Trivedi Sept 25 (Reuters) - Southeast Asian stock markets dropped on Wednesday as investors offloaded risky assets after the launch of a formal impeachment inquiry against U.S. President Donald Trump raised prospects of more political uncertainty in the world's largest economy. Democrats in the U.S. House of Representatives on Tuesday launched a formal impeachment inquiry into President Donald Trump, accusing him of seeking foreign help to smear Democratic rival Joe Biden ahead of next year's election.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Jardine Strategic Holdings Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.