Singapore Strategy

Broker's Calls

Banks, industrials, tech and telcos to benefit from adoption of GenAI: Maybank

CDG, DBS, Frencken, Raffles Medical, Sembcorp Industries, Singtel, ST Engineering and Venture Corp are among the team's top picks.

Broker's Calls

Singapore remains a safe haven despite growing macroeconomic concerns: RHB

RHB believes the STI will deliver positive returns in 2022, but an upward move for the index will be a slow grind.

Broker's Calls

Stay defensive in the near-term with REITs and high dividend yield stocks: CGS-CIMB

Going into the 2HFY2022, CGS-CIMB is adding OCBC and Venture Corporation to its list of top picks.
UOBKH notes impact of sustained Covid-19 outbreak in China, but maintains estimates for STI companies - THE EDGE SINGAPORE

Broker's Calls

UOBKH notes impact of sustained Covid-19 outbreak in China, but maintains estimates for STI companies

Will the Covid-19 resurgence in China hit stocks that derive their earnings from there?

Singapore economy

STI currently 'oversold'; index could be 'bottoming out soon': CGS-CIMB

In its Dec 3, the brokerage has also identified five counters that may be oversold.
CGS-CIMB positive on SATS, FCT and UOB as reopening picks; small caps may do well in 2Q21 - THE EDGE SINGAPORE

Singapore economy

CGS-CIMB positive on SATS, FCT and UOB as reopening picks; small caps may do well in 2Q21

The brokerage has removed Keppel Corp and UOL among its top picks. It has replaced them with ST Engineering and CapitaLand.
UOB Kay Hian remains long on equities, with OCBC, SGX, ComfortDelGro among top picks  - THE EDGE SINGAPORE

Singapore economy

UOB Kay Hian remains long on equities, with OCBC, SGX, ComfortDelGro among top picks

UOB Kay Hian has upgraded its end-2021 STI forecast to 3,456 points.
RHB remains optimistic on equities amid economy reopening - THE EDGE SINGAPORE

Singapore economy

RHB remains optimistic on equities amid economy reopening

The STI closed 26.29 points lower or 0.8% down at 3,117.87 on June 21.
OCBC predicts overall growth to continue in 2H2021 with short-term 'volatility episode' - THE EDGE SINGAPORE

Singapore economy

OCBC predicts overall growth to continue in 2H2021 with short-term 'volatility episode'

The current correction for high-growth stocks means investors can now buy those counters for the medium to long term.
DBS lifts STI year-end target by 4.5% to 3,325; sees recent share price correction as 'last chance' to buy - THE EDGE SINGAPORE

Singapore economy

DBS lifts STI year-end target by 4.5% to 3,325; sees recent share price correction as 'last chance' to buy

The higher estimate comes as only 6 out of 30 STI components are directly affected from the tighter measures.
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