(Bloomberg) -- Singapore’s Straits Times Index may rise at least 14 percent to 3,180 by the end of next year, reflecting continued upgrades in earnings estimates, said Credit Suisse Group AG and UBS AG.The gauge rose 0.5 percent to 2,786.03 as of 3:41 p.m. in Singapore. The index has climbed 91 percent from a six-year low on March 9 on signs stimulus measures were reviving economies around the world.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=acZfvgh4JhcE
Malaysian Stocks May Rise on ‘Breathtaking’ Earnings
Malaysia’s key stock index may rise 14 percent by the end of next year, said CIMB Investment Bank Bhd., which raised its forecast after the country’s “breathtaking” third-quarter corporate earnings.The FTSE Bursa Malaysia KLCI Index, which has increased 45 percent this year, may advance to 1,450 by the end of 2010, the highest level since Jan. 17, 2008, CIMB said in a report today. Its previous target was 1,400. The index gained 0.2 percent to 1,269.29 at the midday break.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aMSFh2lDcPj8
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