Broker Name: CGS International
Date of Report: October 7, 2025
Excerpt from CGS International report.
- French Political Crisis: French markets fell sharply after Prime Minister Sebastien Lecornu resigned, intensifying the country’s ongoing political crisis and causing French bonds and the euro to weaken.
- Malaysia Oil & Gas Sector: Petronas is defending its gas distribution rights in court against Petros, potentially impacting capex in Sarawak, but the sector remains rated Overweight, with Dialog as the top pick.
- Aspial Lifestyle Ltd Technical Buy: Aspial Lifestyle Ltd is experiencing a strong uptrend, with technical indicators supporting a bullish continuation. The company, which operates pawn-broking and retail/trading of pre-owned jewellery and watches in Singapore, has met previous targets and is expected to trend higher with multiple target prices set up to S\$0.630.
Report Summary
- French political instability has negatively impacted markets and bonds.
- Malaysia’s O&G sector remains robust despite ongoing legal disputes.
- Aspial Lifestyle Ltd shows strong technical signals for further upside, with bullish momentum supported by various technical indicators.
Above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website: https://www.cgs-cimb.com
