buy calls

UOB Kay Hian analysts Nicole Ho and Jonathan Koh are maintaining their “buy” recommendation for Elite Commercial REIT, a Singaporean company with commercial and real-estate assets in the UK, with a target price of £0.88 ($1.57).

With Temasek's move to increase its stake in Keppel proving to be promising, and a diversified business strategy, analysts say the conglomerate is poised for a rebound.

Although Genting Singapore is likely to be hit by the Covid-19 virus, market watchers agree that the counter is set for a solid turnaround in 2HFY2020.