Key Indices
Top Stories
Company Results | Lum Chang Creations (LUCC SP/BUY/S$0.32/Target: S$0.46)
- LCC reported FY26 earnings of S$22.3m (+72% yoy), slightly below our estimate at 97% as project timing and mix weighed on top-line. The group declared a final dividend of 1.0 S cent/share, bringing total FY26 dividends to about 2.24 S cents/share on an enlarged share base. Maintain BUY with a 10% lower target price of S$0.46, pegged to 13x 2027F PE.
Market Spotlight
- US stocks were lower on Friday, with all indices sliding as the information technology, utilities and industrials sectors fell. There were more decliners than advancers on both NYSE and NASDAQ.
- The FSSTI rose 15.81 points to 5,699.93, on the back of strength in DBS, Singtel and OCBC Bank, with both midand small-cap indices rising with a broad market advance on a S$1.55b turnover.
Technical Analysis
Wilmar International (WIL SP)
- Trading Buy Range: S$3.79-3.80
iFAST (IFAST SP)
- Trading Buy Range: S$8.87-8.88
Top Stories
Company Results | Lum Chang Creations (LUCC SP/BUY/S$0.32/Target: S$0.46)
- LCC reported FY26 earnings of S$22.3m (+72% yoy), slightly below our estimate at 97% as project timing and mix weighed on top-line. The group declared a final dividend of 1.0 S cent/share, bringing total FY26 dividends to about 2.24 S cents/share on an enlarged share base. Maintain BUY with a 10% lower target price of S$0.46, pegged to 13x 2027F PE.
Market Spotlight
- US stocks were lower on Friday, with all indices sliding as the information technology, utilities and industrials sectors fell. There were more decliners than advancers on both NYSE and NASDAQ.
- The FSSTI rose 15.81 points to 5,699.93, on the back of strength in DBS, Singtel and OCBC Bank, with both midand small-cap indices rising with a broad market advance on a S$1.55b turnover.
Technical Analysis
Wilmar International (WIL SP)
- Trading Buy Range: S$3.79-3.80
iFAST (IFAST SP)
- Trading Buy Range: S$8.87-8.88
Key Indices
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