[New post] CIMB: Singapore Exchange – ADD TP $10.40

alanyeo posted: " Steadying the ship ■ 1HFY6/22 core net profit of S$222m was in line with our/consensus estimates. Key drag was subdued treasury income and weaker cash equities.■ SGX's A50 volumes have sustained through the introduction of HKEX's competing product – " New post on Alpha Edge Investing CIMB: Singapore Exchange – ADD TP $10.40 by alanyeo Steadying the ship ■ 1HFY6/22 core net profit of S$222m was in line with our/consensus estimates. Key drag was subdued treasury income and weaker cash equities.■ SGX's A50 volumes have sustained through the introduction of HKEX's competing product – a key positive. SB and BidFX contributions are growing.■ Reiterate Add. Sustained market volatility should support […] Read more of this post alanyeo | February 7, 2022 at 10:57 am | Tags: SGX, Singapore Exchange | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-7Pw Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2022/02/07/cimb-singapore-exchange-add-tp-10-40-2/