Daily Report | 12 July 2021
Wall Street closed last week (09/07) with new record highs on the main indexes. The rally was led by the financial
INDF – Strong Performance from All Segments
INDF closed 1Q21 with an exciting performance, supported by all business segments and margin expansion. Going forward,
CTRA – VAT Subsidy Boosts Marketing Sales
CTRA successfully booked stellar performance in 1Q21. Amid the pandemic, revenue and profit grew significantly by 22.6%
ICBP – Still Attractive Despite Higher Financing Costs
Despite higher interest expenses assumption, we expect ICBP to deliver strong earnings CAGR of 15.9% over FY19-22E with
Daily Report | 9 July 2021
Majority of the global stock markets closed lower in trading (08/07), in line with concerns about the increase in
Daily Report | 8 July 2021
The main US indexes rose again in unison during trading (07/07), with new record highs on Nasdaq and S&P500. The
TOWR – Opportunity for More Aggressive Expansion
In 1Q21, TOWR recorded revenue growth (+7.5% YoY) and net profit (52.1% YoY) on the back of tower rental income from
Daily Report | 7 July 2021
The US stock markets closed mixed in trading (06/07), with S&P 500 ending its gains during the previous 7 sessions.
Daily Report | 6 July 2021
Asian stock markets closed mixed with a tendency to strengthen in trading (05/07); while the majority of major European
