4 investment themes for a profitable second half: UOB

SINGAPORE (June 6): UOB Kay Hian says a “sniper” approach is needed by investors to outperform in the second half of 2016, amid intermittent bouts of market volatility from impending rate hikes, recovering oil prices and mixed macro data.

“Based on our blended (PE cum P/B) target of 2,910 for the FSSTI, the implied upside for the remainder of 2016 is estimated at only 4%,” the research house said in its June 2016 ‘Singapore Strategy’ report. “Hence, we think investors will need a ‘sniper’ or a targeted approach to outperform the lacklustre equity market.”

According to UOB, here are four investment themes that could help see a profitable 2H16:

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