KUALA LUMPUR (Dec 17): CGS-CIMB has overweight ratings on bank, healthcare, gaming, oil and gas, electronics manufacturing services (EMS), media and rubber gloves sectors, and underweight ratings on chemicals and transport.
The research house said in a report that it likes the bank, gaming, oil and gas, EMS and media sectors for exposure to a recovering economy post-Covid-19.
“We continue to like the gloves sector, as it is expected to deliver record earnings in 2021 due to strong demand for gloves following the Covid-19 outbreak.
“However, as we had cautioned earlier, the key risk is that the rubber gloves is now a crowded trade given its stellar share price performance in 9M20 (first nine months of 2020). This, coupled with concerns over the treatment of its workers and potential new capacities coming on stream, has led investors to rotate out of the gloves sector into banks,” it said.
Singapore first market to launch Disney+ with all 6 content brands Details 11 December 2020
The Walt Disney Company will be launching its much-awaited streaming platform Disney+ in Singapore next year on 23 February 2021. Singapore is said to be the first market globally to launch Disney+ with all six content brands.
Disney+ in Singapore boasts an offering of 500 films and 15,000 episodes of content from Disney, Pixar, Marvel, Star Wars, National Geographic, and Star. Additionally, the entertainment company said the platform will also be home to a growing selection of exclusive
Disney+ Originals content and specials, including
The Mandalorian, Marvel Studios’
Forky Asks a Question, and Broadway musical