Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Singapore Stock Exchange  >  Jardine Strategic Holdings Limited    J37   BMG507641022

JARDINE STRATEGIC HOLDINGS LIMITED

(J37)
  Report
SummaryChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Most end lower on fears of economic hit from coronavirus

share with twitter share with LinkedIn share with facebook
share via e-mail
03/18/2020 | 05:20am EDT
FILE PHOTO:  Investors monitor share market prices in Kuala Lumpur, Malaysia

Most Southeast Asian stock markets gave up early gains to end lower on Wednesday, as fears over the economic damage from the coronavirus contagion overshadowed stimulus measures from major central banks.

Markets across the region struggled to hold on to gains as a rising number of virus cases forced lockdowns and travel bans in a bid to restrict the spread of the virus. [MKTS/GLOB]

"Financial markets have been volatile these past few days, to say the least," said Venkateswaran Lavanya, analyst at Mizuho Bank, in a note.

"We still think that financial market contagion resulting in a self-perpetuating financial crisis remains a real and present danger."

Singapore stocks ended 1.2% lower, after rising more than 3% earlier, as worries emerged that the country may be headed towards its first full-year recession in nearly 20 years as Malaysia's travel ban robs the city-state of a key source of labour.

The index ended lower for a sixth straight session.

Conglomerate Jardine Strategic Holdings dropped 3.6%, while real estate firm Capitaland eased 2.8%.

Malaysia's bourse fell as much as 1.4%, as the country went into a two-week partial lockdown after a spike in coronavirus cases.

The Indonesian index ended 2.8% lower as financial and consumer sectors took the biggest hits, with Bank Mandiri (Persero) falling 6.8% and household goods maker Unilever Indonesia dropping 6.9%.

Indonesia said it would reallocate 17.17 trillion rupiah ($1.13 billion) from its 2020 state budget in a bid to blunt the economic impact of the virus.

The stimulus comes ahead of an expected cut to the central bank's key policy rate at a meeting on Thursday.

Thai equities bucked the trend to rise 1.3% after the central bank said it had bought bonds worth $1 billion to boost liquidity.

The telecom and financial sectors were the biggest gainers, as mobile phone operator Advanced Info Service and Kasikornbank added 4.4% and 1.5%, respectively.

Trading remained suspended on the Philippine bourse but was set to resume on Thursday, despite a lockdown across the island of Luzon where capital Manila is located.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS

Change on the

day

Market Current Previous Pct Move

close

Singapore 2425.62 2454.53 -1.18

Bangkok 1048.15 1035.17 1.25

Jakarta 4330.674 4456.749 -2.83

Kuala Lumpur 1239.01 1256.58 -1.40

Ho Chi Minh 747.66 745.78 0.25

Change so far

in 2020

Market Current End 2019 Pct Move

Singapore 2425.62 3222.83 -24.74

Bangkok 1048.15 1579.84 -33.65

Manila 5335.37 7,815.26 -31.73

Jakarta 4330.674 6,299.54 -31.25

Kuala Lumpur 1239.01 1588.76 -22.01

Ho Chi Minh 747.66 960.99 -22.20

By Arpit Nayak

Stocks mentioned in the article
ChangeLast1st jan.
ADVANCED INFO SERVICE 1.58% 192.5 End-of-day quote.-9.62%
CAPITALAND LIMITED 0.00% 2.89 End-of-day quote.-22.93%
JARDINE STRATEGIC HOLDINGS LIMITED -0.30% 19.95 End-of-day quote.-34.91%
KASIKORNBANK 0.00% 96 End-of-day quote.-36.42%
LETS HOLDINGS GROUP CO., LTD. 4.01% 12.45 End-of-day quote.106.13%
PT BANK MANDIRI (PERSERO) TBK 4.20% 4470 End-of-day quote.-41.76%
PT UNILEVER INDONESIA TBK -3.43% 7750 End-of-day quote.-7.74%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on JARDINE STRATEGIC HOLDINGS
04/28Jardine Strategic Holdings Warns 1st Half Profit Will Be Hurt by Pandemic
DJ
04/28Dairy Farm International Warns on Coronavirus Hit to 1Q Performance
DJ
04/27JARDINE STRATEGIC : Cycle & Carriage Limited Interim Management Statement
PU
04/27JARDINE STRATEGIC : PT Astra International Tbk 2020 First Quarter Financial Stat..
PU
04/08Most fall as cornavirus death toll climbs, investors book profits
RE
04/03Southeast Asia Stocks - Thailand posts best week since 2015 on oil surge; Sin..
RE
03/31Southeast Asia stocks - Markets rise as China factory activity rebounds
RE
03/19JARDINE STRATEGIC HOLDINGS LIMITED : Ex-dividend day for final dividend (optiona..
FA
03/18Most end lower on fears of economic hit from coronavirus
RE
03/13Southeast Asia stocks poised for worst week in over a decade as virus panic w..
RE
More news
Financials (USD)
Sales 2020 28 938 M - -
Net income 2020 1 138 M - -
Net Debt 2020 10 775 M - -
P/E ratio 2020 9,98x
Yield 2020 1,86%
Capitalization 11 195 M 11 195 M -
EV / Sales 2019
EV / Sales 2020 0,76x
Nbr of Employees 464 000
Free-Float 15,8%
Chart JARDINE STRATEGIC HOLDINGS LIMITED
Duration : Period :
Jardine Strategic Holdings Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JARDINE STRATEGIC HOLDINGS
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 33,33 $
Last Close Price 19,95 $
Spread / Highest target 85,5%
Spread / Average Target 67,1%
Spread / Lowest Target 55,4%
EPS Revisions
Managers
NameTitle
Benjamin William Keswick Executive Chairman & Managing Director
John Raymond Witt Chief Financial Officer
Edward Percy Keswick Weatherall Non-Executive Director
Henry Neville Lindley Keswick Chairman-Emeritus
Anthony John Liddell Nightingale Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
JARDINE STRATEGIC HOLDINGS LIMITED-34.91%11 195
HONEYWELL INTERNATIONAL INC.-17.60%102 364
3M COMPANY-11.33%89 984
SIEMENS AG-15.45%87 034
GENERAL ELECTRIC COMPANY-41.13%57 468
ILLINOIS TOOL WORKS INC.-3.99%54 486