Flash | Ireland -Solid performance, although slightly softer than u est, — Sales grew by 2.2% slightly softer than our 3.0%, but GPM grew 4.1% highlighting GPM expansion which we think is notable. Operating profit came in slightly softer than our est at EUR 25m at a margin of 2.9% vs our 3.3%. Net finance costs in Ireland declined 22.8% to EUR 3.8m lower than our EUR 5m. Therefore PBT was EUR 21.1m slightly softer than our EUR 22.7m. Outlook — Trading in SA over the first two months (April/May showing encou ...

Morning Notes Thailand Market Summary | | Last | Chg | %Chg | | --- | --- | --- | --- | | SET | 1,584.14 | 22.5 (pts) | 1.4% | | SET100 | 2,183.35 | 13.0 | 0.6% | | SET50 | 1,019.00 | 5.1 | 0.5% | | mai | 214.69 | -1.1 | -0.5% | | SET Total Value | 70,507 | | | | SET Market Cap. (Btm) | 20,022,399 | | | | SET PE (x) (Btm) | 16.86 | | | | SET PBV (x) | 1.45 | | | Trading Summary by Investor Type | | 9-Jun | wtd | mtd | ytd | | --- | --- | --- | --- | --- | | SET (Btm) | | | | | | Foreign | (579) | (4,077) | ...

t Morning Notes China/Hong Kong China & HK Research Team +852 2600 8593 Wednesday, 10 June 2026 China & HK Indices (10) 0 10 20 30 40 50 60 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 Jan 26 Feb 26 Mar 26 Apr 26 May 26 Jun 26 MSCI China MSCI Asia x Japan (%) | | | | % change | | | --- | --- | --- | --- | --- | | | Last | 1D | 1M | 3M | | HSCEI | 8,341 | 0.0 | (6.2) | (2.8) | | HSCCI | 4,335 | 0.0 | (4.6) | 0.5 | | Shanghai A | 4,205 | 1.3 | (4.1) | (2.1) | | Shanghai B | 273 | (0.5) | (3.7) | 2.1 | | S ...

Morning Notes Australia Australia Research (61) 2 8571 4200 Wednesday, 10 June 2026 Current % chg S&P / ASX 100 (0.2) S&P / ASX 200 (0.2) All Ordinaries Index (0.4) S&P / ASX Small Ords (0.5) SFE Futures 200 0.2 Futures Prem/Disc Dow Jones Industrial (0.2) Nasdaq (1.0) Eurostoxx (0.3) HangSeng (0.4) Shanghai Composite 1.3 Interest Rates Current % chg A$ Official Cash Rate 0 A$ 90 Day Bank Bill 0.1 A$ 3Y Bond 1.7 A$ 10Y Bond 1.6 Currencies Current % chg A$ / US¢ (0.0) A$ / UKp 0.0 A$ / Euro¢ - A$ / Yen (0.0) ...

European Beverages Rémy Cointreau SA Rating Outperform Price Target RCO.FP 54.00 EUR 10 June 2026 Trevor Stirling +44 20 7676 7521 trevor.stirling@bernsteinsg.com Nadine Sarwat, CFA +44 20 7676 6849 nadine.sarwat@bernsteinsg.com Asavari Paluskar, CFA, CA (India) +44 20 7676 7291 asavari.paluskar@bernsteinsg.com Specialist Sales Alix Turner +44 20 7762 4044 alix.turner@bernsteinsg.com Rémy Cointreau: Key takeaways from the London Roadshow Yesterday, we hosted Rémy Cointreau's Chairwoman, CEO, CFO, and CTO & ...

Morning Notes Malaysia Malaysia Research +60 3 2056 7870 Wednesday, 10 June 2026 Research Joe Liew, Hazmy Hazin, Khoo Zhen Ye, Yu Jie Tai, Milzam Pengiran Sales: Sean La Faber, Abdul Hadi Manaf, Sophie Chua, Jannah Naili Sales Trading Nabil Hashim, Steven Voo Sales Dealing Muhammad Ikram, Krystle Chin | Indices | | | | --- | --- | --- | | | Last close | % Chg | | KLCI | 1675.5 | (0.2) | | MSCI M'sia Free | 321.3 | (1.9) | | FTSE | 10,341.5 | (0.3) | | DJI | 50,786.0 | (0.2) | | NASDAQ | 25,929.7 | 0.9 | | H ...

10 June 2026 U.S. Food and Restaurants U.S. Food and Restaurants: Beef primer - will there ever be more cowbell? Alexia Howard +1 917 344 8453 alexia.howard@bernsteinsg.com Danilo Gargiulo +1 917 344 8475 danilo.gargiulo@bernsteinsg.com Cinnie Lin +1 917 344 8567 cinnie.lin@bernsteinsg.com Beef prices have been on the rise, inflating over +10% YTD and over +20% since the start of 2025. Accordingly, we are publishing this primer to walk through the cattle and beef supply chain, the state of the herd, and cha ...

Morning Notes Korea Korea Research +82 2 397 8400 Wednesday, 10 June 2026 | Top Outperforms | | | --- | --- | | Samsung Electronics | 005930.KS | | SK Hynix | 000660.KS | | Samsung Biologics | 207940.KS | | HD Hyundai Heavy | 329180.KS | | Doosan Enerbility | 034020.KS | | Samsung C&T | 028260.KS | | Semco | 009150.KS | | Top Underperforms | | | --- | --- | | LG Energy Solution | 373220.KS | | EcoPro BM | 247540.KQ | | LG H&H | 051900.KS | | Hotel Shilla | 008770.KS | Kospi (3M) Source : Korea Exchange 0 20 ...

Oil continued to lift PPI and support energy CPI, while core and services inflation softened, pointing to limited second-round effects amid weak domestic demand. PPI gains remained concentrated in upstream, while downstream sectors may struggle to pass-through higher input costs. FICC Research Economics 10 June 2026 China Upstream-driven PPI, weak pass-through The May price data suggest oil prices continued to push up PPI inflation and energy-related components of CPI, while the impact on core and services ...

June 10, 2026 06:30 AM GMT Sumitomo Bakelite (4203) | Japan Expect Guidance Beat | What's Changed | | | | --- | --- | --- | | Sumitomo Bakelite (4203.T) | From | To | | Price Target | ¥6,600 | ¥8,000 | Sales of semis encapsulants to Taiwan currently look strong. Key Takeaways Raise PT to ¥8,000, stay OW: We previously derived our target PT for Sumitomo Bakelite using 10yr avg. P/E for semis back-end process materials makers of 15.5x (based on 1yr-fwd. consensus ests). However, we now think the cycle peak is ...