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Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS

Felicia Tan
Felicia Tan5/6/2022 05:37 PM GMT+08  • 4 min read
Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS
The analysts predict that the STI will trade between 3,200 to 3,250 points this year. Photo: Bloomberg
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DBS Group Research analysts Yeo Kee Yan, Janice Chua and Woon Bing Yong are recommending investors switch from stock leaders to laggards on the recovery theme.

This is as shares in counters benefitting from the reopening theme have re-rated since the easing of measures. Some of the easing of measures include the lowering of the DORSCON code to yellow from orange.

In their May 4 report, the analysts have highlighted that the reopening theme is a subject that they have remained positive on, even during the initial Omicron sell-off in late November in 2021.

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