(JULY 31): The local stock market may be headed for a correction in the third quarter of this year, but that should not deter investors from putting their money into stocks right now. Some segments of the market look set to head higher on the back of improving macroeconomic fundamentals, with some of this recovery yet to be priced in.

Property stocks, for instance, will likely be supported by growing demand. And select hospitality plays have been underappreciated. The manufacturing sector, meanwhile, is likely to continue its recent rally as tech equipment and component makers continue to enjoy strong order flows.

These views and more were presented to nearly 400 readers at The Edge Singapore’s 2017 Mid-Year Investment Forum, held at the Suntec Singapore Convention & Exhibition Centre on July 22. Our previous forums had focused on macro-oriented issues such as central bank policy outlooks and global capital flows, as well as asset classes such as property, currencies and commodities. On this occasion, however, the forum had a distinctly micro flavour. After a strong market rally in the first half of this year, attendees were looking for investment ideas. And the speakers delivered, with views on where the market is headed and stock picks with good value.

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