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Look to defensive counters such as SGX during the tighter restrictions: CGS-CIMB

Felicia Tan
Felicia Tan5/19/2021 11:53 PM GMT+08  • 3 min read
Look to defensive counters such as SGX during the tighter restrictions: CGS-CIMB
These counters are likely to see “minimal implications” from the ongoing measures.
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Photo: The Edge Singapore

CGS-CIMB Research analyst Lim Siew Khee has identified several counters, which she deems as “relatively defensive” as the country enters into heightened alert phase two measures.

These are: Keppel DC REIT, Singapore Exchange (SGX), Singapore Technologies Engineering (ST Engineering), Riverstone and Wilmar.

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