Home Capital Investing Strategies

Consumer stocks take the lead in RHB’s Top 20 Singapore Small Cap Companies Jewels 2022

Chloe Lim
Chloe Lim5/19/2022 09:14 PM GMT+08  • 10 min read
Consumer stocks take the lead in RHB’s Top 20 Singapore Small Cap Companies Jewels 2022
The consumer sector dominates RHB's list with consumer spending, mass events and tourism on the rise with easing of measures
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.

Global issues like the Russsia-Ukrainian War and supply chain disruptions continue to affect markets around the world. RHB Group Investment Bank CEO Ganesh Sabaratnam observes that central banks today are treading a fine line between attempting to cap inflation without impacting economic growth — a daunting task amid the highest prices ever seen in decades and challenges to major economies like the European Union (EU) and China.

Despite a more challenging market environment, the easing of Covid-19 restrictions in Singapore could see winners emerge in the tourism and F&B sectors. At the same time, RHB Group Investment Bank’s Regional Equity Research head Alexander Chia is also optimistic about several oil and gas (O&G) players who could benefit from the soaring oil prices, driven higher by Russia’s invasion of Ukraine, EU sanctions on Russian oil and the likelihood of tighter supply.

He is also positive on the tech sector, as its valuations are now more reasonable after the correction made earlier this year, particularly within the manufacturing space as the supply shortage should ease in 2H2022, removing the barriers for players facing strong order demand.

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.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now