The research team currently has a"buy" call on ComfortDelGro, with a target price of S$1.96.
Sats, on the other hand, ended lower on Thursday, slipping 0.48 per cent or S$0.02 to close at S$4.13.The Nikkei 225 Index inched up 0.03 per cent or 8.39 points to 26,809.37, while the Hang Seng Index rose 0.74 per cent or 195.92 points to close at 26,728.50. South Korean shares extended gains on Thursday to close at a record high, on a boost from chip and auto stocks. The benchmark Kospi closed up 0.76 per cent or 20.32 points at 2,696.22, marking its third straight session of gains.
Stephen Innes, chief global market strategist at Axi, said that while there are"growing concerns" that vaccination rates in Asean will be enough to eradicate the coronavirus substantially by the end of 2021,"the much clearer view across the valley to economic recovery will lead to risk premium compression and eventually lead to more upside for Asia stocks".For daily updates on weekdays and specially selected content for the weekend.
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