Uob kay hian singapore - UOB Kay Hian predicts lower y

To be sure, the International Air Transport Association IATA has estimated global air travel passenger volume to recover to 103% of its pre-Covid-19 levels by 2024, with the Asia Pacific APAC region trailing behind at 97% of its pre-Covid-19 levels in 2024.

UOB Kay Hian expects Singapore's telco sector to see 15% higher earnings in FY2022; keeps 'market weight' recommendation

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This is a result of the risk appetite of high net worth clients dampening in March due to the war.

In light of the effects from the Russia-Ukraine crisis, contribution from wealth management dropped 24% y-o-y due to a high base last year.

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Description: During the period, the sector saw collective earnings growth of 11% y-o-y due to stronger post-paid revenue.

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Headquartered in Singapore, UOBKH is backed by UOB Group and operates a wide network of over 80 branches across the world.
The further escalation of the Russia-Ukraine war may also dampen travel sentiment.

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    Follow us on Facebook and join our Telegram channel for the latest updates. UOB Kay Hian Group Research analyst Jonathan Koh is remaining positive on the Singapore banking sector ahead of the banks’ results release for the 1QFY2022 ended March on April 29. On April 19, Koh kept his “overweight.
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    KUALA LUMPUR: Cybersecurity services provider LGMS Bhd has inked an underwriting agreement with UOB Kay Hian Securities (M) Sdn Bhd in preparation for its listing on Bursa Malaysia’s ACE Market.
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