Home Capital Broker's Calls

Top 10 Singapore stocks to buy amid early signs of market recovery

Jude Chan
Jude Chan5/19/2017 6:50 PM GMT+08  • 5 min read
Top 10 Singapore stocks to buy amid early signs of market recovery
SINGAPORE (May 19): Some 45% of the results announced in the 1Q17 reporting season so far have been in line with expectations, while the number of beats have fallen to 26%, from 32% a year ago, according to UOB Kay Hian.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (May 19): Some 45% of the results announced in the 1Q17 reporting season so far have been in line with expectations, while the number of beats have fallen to 26%, from 32% a year ago, according to UOB Kay Hian.

Unsurprisingly, UOB says the remaining 29% that reported earnings misses came primarily from shipyards and oil services.

“Despite what appears to be another lacklustre reporting season, a key highlight is that in 1Q17, market EPS was revised upwards rather than downwards,” says UOB lead analyst Andrew Chow in a report on Wednesday. “After two years of earnings disappointments, we are seeing nascent signs of an earnings recovery.”

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)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.