SINGAPORE (Oct 11): Jefferies is reiterating its modestly bullish stance on Singapore within the global asset allocation.
The three local banks – DBS, UOB and OCBC – contribute about 40% weight of local market index.
The Singapore central bank chief has an upbeat outlook on the economy, though being cautious about slump in investment, if global sentiment are negatively impacted.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
