Singapore Market Week Ahead: SGX Earnings Reports and Global Economic Data

November 11, 2024

  • SGX Earnings Reports: Watch for results from companies like Lendlease Global Commercial REIT, Singapore Telecommunications, and Golden Agri-Resources.
  • US Economic Indicators: Key data including consumer and producer inflation, retail sales, and Federal Reserve speeches will influence market sentiment.
  • China Economic Indicators: Focus on new yuan loans, fixed asset investment, industrial production, retail sales, and the house price index. 

Moving into mid-November, investors can expect more earnings releases and crucial economic indicators from the US, including inflation data and retail sales, along with China’s updates on loans, investments, and production. 

This week, several companies on the Singapore Exchange (SGX) are set to release their earnings results, providing valuable insights into various sectors. Lendlease Global Commercial REIT (SGX:JYEU) will start the week with its Q1 FY2025 update, reflecting trends in commercial real estate.  

On Tuesday, Asian Pay Television Trust (SGX:S7OU), EC World REIT (SGX:BWCU), Frasers Hospitality Trust (SGX:ACV), and Yoma Strategic Holdings Ltd (SGX:Z59) will report their earnings, covering sectors from media to logistics and hospitality. 

Wednesday features Frasers Property Ltd (SGX:TQ5), Singapore Telecommunications Ltd (SGX:Z74), StarHub Ltd (SGX:CC3), and Valuetronics Holdings Ltd (SGX:BN2), offering insights into real estate, telecommunications, and electronics manufacturing. 

On Thursday, ASL Marine Holdings Ltd (SGX:A04), Golden Agri-Resources Ltd (SGX:E5H), and TeleChoice International Ltd (SGX:T41) will release their updates, spanning marine services, agriculture, and IT services.  

These reports will provide a comprehensive view of market trends and economic conditions across diverse sectors. 

While there are no notable local economic indicators, globally there are several to watch that could impact Singapore’s market.  

In the United States, attention will be on consumer and producer inflation data, retail sales, and speeches by Federal Reserve officials to gain insights into the Fed’s monetary policy outlook following the second Trump presidency.

In China, key economic indicators such as new yuan loans, fixed asset investment, industrial production, retail sales, and the house price index will be in focus.

In the UK, important data releases will include the unemployment rate, wage growth, Q3 GDP figures, and industrial production data. 

Monitoring both SGX earnings reports and global economic data this week could help investors make informed decisions by staying up to date with the latest market trends and adjusting investment strategies accordingly.

Disclaimer: ProsperUs Manager of Content Hailey Chung doesn’t own shares of any mentioned companies.

Reference
Economic Calendar | SGX Academy

Tags:

Hailey Chung

As a lifelong learner, Hailey strives to simplify finance for everyday investors, making it relatable and enjoyable. She desires to support investors with various background, whether they are grappling with limited time and resources in seeking financial freedom or are sincere in stewarding their money well as a token of gratitude for God's provision. With a focus on responsible investing, Hailey balances caution and opportunity, believing life's too short to stress over market fluctuations. Beyond the pursuit of profits, she advocates for investments aligned with building a better world. As Manager of Content at ProsperUs, she leverages her journalism background from The Edge Malaysia, where she honed her skills at the capital and corporate desk.

Share this

Subscribe to our weekly
newsletter and stay updated!