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Credit Suisse deems Singapore markets as 'attractive', with top picks being UOB, CDG, SATS, Sembcorp and Sea

Felicia Tan
Felicia Tan6/2/2021 4:56 PM GMT+08  • 2 min read
Credit Suisse deems Singapore markets as 'attractive', with top picks being UOB, CDG, SATS, Sembcorp and Sea
This is based on the market’s price-to-earnings ratio (P/E) ratio at a 8.1% discount to the rest of Asia ex-Japan.
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Photo: Bloomberg

Following the 1QFY2021 reporting season, which saw net earnings upgrades of between 2.6% to 4.1%, Credit Suisse says it continues to see the Singapore market as “attractive”.

This is based on the market’s price-to-earnings ratio (P/E) ratio at a 8.1% discount to the rest of Asia ex-Japan.

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