PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Taiwan Institute of Economic Research raised its 2026 GDP growth forecast to 12.34% (prev. 10.38% in July)
Newsquawk Staff ·
TAIWAN
Msscorps (6830 TT) - Co. Q3 (TWD) net profit rose from 30.53mln Y/Y to 85.4mln (prev. 18.6mln Q/Q), supported by strong demand for AI-related semiconductor materials and failure analysis services. (Taipei Times)
Qisda (2352 TT) - Co. Q3 (TWD) net profit rose 118% Y/Y to 548.27mln, rev. rose 8.05% Y/Y to 56.76bln, EPS 0.35 (prev. 0.15 Y/Y), gross margin 17.29% (prev. 16.89% Y/Y). (Taipei Times)
Tech
- Nasdaq 100 rallied alongside other US indices on Monday, rebounding from the recent sell-off, although NVIDIA shares declined after CEO Jensen Huang admitted to an affair amid allegations involving a suspected Chinese intelligence operative, prompting an independent board investigation.
Other News
Taiwan Institute of Economic Research raised its 2026 GDP growth forecast to 12.34% (prev. 10.38% in July), citing robust AI hardware demand supporting exports and investment. (Focus Taiwan)
Data Recap
- Taiwan Trade Balance (Oct) 27.88bln vs. Exp. 25.60bln (Prev. 23.63bln)
- Taiwan Exports (Oct Y/Y) 58.9% vs. Exp. 50.0% (Prev. 60.9%)
- Taiwan Imports (Oct Y/Y) 75.1% vs. Exp. 54.5% (Prev. 51.7%)
SINGAPORE
NetLink NBN Trust (NETLINK SP) - Co. appointed former ST Engineering and Singtel executive Low Ka Hoe as CEO-designate effective November 10, succeeding Tong Yew Heng as CEO and joining the board as executive director on April 1, 2027. (Business Times)
Venture Corporation (VMS SP) - Co. Q3 (SGD) net profit rose 21.9% Y/Y to 67.8mln, rev. rose 26% Y/Y to 790.4mln, supported by higher production volumes and market share gains across test and measurement, networking and communications, and semiconductor-related equipment businesses. (Business Times)
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