Analyst Week 2H24
Join us for an engaging series of three sessions on 10, 11, and 15 July. Our analysts will provide incisive views on market overviews and outlook, helping you navigate the uncertain times ahead!
The first session on 10 July, in collaboration with SGX, will be a hybrid event. Attend in-person at the SGX Auditorium or join us online.
The second and third sessions on 11 and 15 July will be exclusively online webinars. Register for each of the three sessions by clicking on the "Register" buttons below.
Session 1: Singapore Market Outlook Hybrid Event at SGX!
10 Jul 2024 | Wednesday | 6.00pm – 9.00pm
Venue: SGX Auditorium, Level 2, SGX Centre 1, 2 Shenton Way, Singapore 068804
As this is a hybrid session, this session will also be available online.
Programme
6.00pm: Registration & Dinner
7.00pm: Welcome Address
7.10pm: Singapore Market Outlook
Speaker: Adrian Loh, Head of Research, UOB Kay Hian
The second half of 2024 presents a cautiously optimistic outlook for the stock market. Key risks include lack of interest rate cuts, persistent inflation, and geopolitical uncertainties. The Singapore market remains defensive, providing a solid foundation for investors’ diversified portfolios, yet it also offers pockets of alpha across various sectors.
7.25pm: Sectors on the Move
Speaker: Geoff Howie, Market Strategist, SGX Group
There were interesting market movements across the sectors in first half of 2024, in addition to both institutional and retail flows. Join us as we share the highlights from first half, as well as to explore the upcoming trends you don’t want to miss for second half.
7.40pm: Singapore Small/Mid Cap Stock Picks
Speaker: John Cheong, Head of Small Mid Cap Research, UOB Kay Hian
Ongoing geopolitical uncertainties and higher-for-longer interest rate environment continue to cast uncertainties on the market and small/mid cap stocks. Therefore, it is important to stay selective on quality stocks with good fundamentals, such as attractive valuations and strong balance sheet. We will reveal small/mid cap gems that stand a good chance of outperforming the STI Index, including a manufacturing company poised to benefit from the semiconductor cycle recovery and an infrastructure service company offering an attractive dividend yield.
8.00pm: Q&A Session
8.30pm: Networking Session
9.00pm: End of Programme
Adrian comes with over 20 years' experience in equities research. Prior to joining UOB Kay Hian, he was in corporate advisory and completed over US$50 million in capital raising projects for SMEs in a diverse range of industries.
John is a ranked analyst in the healthcare and small-cap sectors in the Asiamoney Brokers Poll. Prior to joining UOB Kay Hian, he spent 7 years in Maybank covering a wide range of sectors including healthcare, manufacturing, logistics and small caps.
Geoff Howie is Singapore Exchange’s Market Strategist, with 25 years of experience in financial markets and macroeconomic analysis. He is the creator and author of the SGX My Gateway Report which highlights local market highlights and developments, serving investors since 2012. The report is one of the most read and regarded in the Singapore financial markets, with one of the largest subscriber bases. Geoff has also led numerous content campaigns for SGX and is a leading market communicator to the investing public. He pens the weekly Inside Insights column in the Business Times and shares his insights through interviews with CNA 93.8 Live and Money FM 89.3 on a regular basis. Geoff was also named a LinkedIn Power Profile in 2018.
|
Join us in-person at SGX Auditorium, Level 2, SGX Centre 1 2 Shenton Way, Singapore 068804 |
Join us online via webinar |
|
|
Note:
- If you are joining us in-person, the event registration will start at 6.00pm and bento dinner will be served.
- If you are joining us online via webinar, please note that the webinar will start at 7.00pm.
Session 2: Singapore Aviation & US Market Outlook
11 Jul 2024 | Thursday | 6.30pm – 8.00pm
Venue: Online Webinar
Programme
6.30pm: Singapore Aviation
Speaker: Roy Chen, Senior Equity Analyst, Research, UOB Kay Hian
Singapore aviation is nearing full post-pandemic recovery in 2024, with air travel volume reaching 97% of pre-pandemic levels in April. Singapore Airlines' profitability is set to decline from its 2023 peak over the next 1-2 years, as earnings pressure from airfare moderation is expected to outweigh benefits of further passenger volume recovery. However, opportunities exist in aviation services: ST Engineering and SIA Engineering will benefit from strong MRO demand as older aircraft remain in service longer due to issues with new models and supply chain constraints. SATS is expected to see profitability recovery, driven by rising global air cargo demand and improved margins as cost pressures are passed to customers.
6.55pm: US Market Outlook
Speaker: Paul De Vierno, Strategist, Private Wealth Management, UOB Kay Hian
We will dive into two forces that have been driving stocks higher this year: Artificial Intelligence (AI) and Glucagon-Like Peptide-1 (GLP-1). US corporates are jumping on the AI bandwagon. During 1Q2024 earnings calls, 199 of the S&P 500 companies mentioned AI, according to Factset. Meanwhile, anti-obesity drugs are making investors wallets thick and patients’ waistlines thinner. JP Morgan Research forecasts that the GLP-1 market will exceed $100 billion by 2030. Buckle up for a thought-provoking discussion on these powerful forces and whether they will continue to propel stocks for the balance of the year.
7.20pm: Q&A Session
8.00pm: End of Programme
Roy is a Senior Equity Analyst covering the regional aviation sector. He has 10 years’ experience as an investment professional, including 7 years in equity research and 3 years in the corporate development (M&A and Strategy) function of an SGX-listed transportation conglomerate.
Paul is the strategist of UOB Kay Hian Wealth Management. He has 35 years' investment experience in the capital markets and commodities and has held positions in the UK, Geneva, Singapore and the US for the world’s largest commodities trading firm.
Session 3: Singapore Banks & HK Market Outlook
15 Jul 2024 | Monday | 6.30pm – 8.00pm
Venue: Online Webinar
Programme
6.30pm: Singapore Banks
Speaker: Jonathan Koh, Director, Singapore Research, UOB Kay Hian
Higher interest rates for a longer time frame has positive ramifications for the Banking sector. Inflation is sticky and Central Banks cannot be too aggressive when they eventually start to cut interest rates. Thus, the erosion of banks' NIM and ROE is likely to be mild and manageable during the upcoming monetary easing cycle. Banks continue to provide attractive dividend yield of above 6%. BUY DBS (Target: S$40.70) and OCBC (S$18.10).
6.55pm: HK Market Outlook
Speaker: Curtis Yeung, Strategist, Retail Research, UOB Kay Hian HK
The Hong Kong stock market rebounded significantly in the first half of this year following the gradual recovery of the Chinese economy and policy combo. Hong Kong stocks remain undemanding compared with history. Looking forward into the second half, with the July Politburo likely to see further supportive policy rollout, Chinese equities might see renewed interest from investors. How should investors draw up their investment plans and pick the right beneficiaries?
7.20pm: Q&A Session
8.00pm: End of Programme
Jonathan has 24 years of experience in equity research and fund management. He was ranked by the Asiamoney Brokers Poll as the No. 2 Best Analyst for Telecommunication Services in Singapore in 2017 and No. 3 Overall Earnings Estimator for Singapore in 2012 in the Thomson Reuters Analyst Awards.
Curtis focuses on the research on Hong Kong stocks. He is a CFA charterholder and has years of experience in equity trading and research. Prior to joining UOB Kay Hian, he was engaged in leading equity research at CMB Wing Lung Bank.
Please note that the webinars on 11 and 15 July are password-protected. The password can be found in the confirmation email once you have registered.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Terms & Conditions | Privacy Policy | Copyright ©2018 UOB Kay Hian Pte Ltd. All rights reserved. Company Registration number 197000447W. Market data and news provided by 