recovery

5 recommendations by Maybank as the S-REIT space eases into recovery mode
SINGAPORE (Feb 28): Maybank Kim Eng is remaining “positive” on the Singapore REIT space as it believes sector valuations will remain supported by recovering distributions per unit (DPUs), especially for hospitality; increased traction of capital recycling initiatives and acquisition momentum; and a backdrop of a slower rate hike cycle. Maybank continues to favour large-caps and laggards, ...
Speculative buying & housing price growth to decline by year-end: UBS
SINGAPORE (Sept 28): Singapore’s housing market remains fairly valued even after inflation-adjusted prices have risen 9% over the past year, following six years of correction. According to a recent report by UBS, housing prices in the city state are currently 5% below their 2011 peak, with its price-income ratio still shy of the long-term average. UBS’s observations come after ...
Analysts remain positive on Keppel REIT with manager's intention to start share buyback
SINGAPORE (July 17): DBS Vickers Securities and CGS-CIMB Securities are maintaining their respective “buy” and “add” calls on Keppel REIT (K-REIT) with unchanged price target estimates of $1.41 and $1.34, after the REIT’s 2Q DPU of 1.42 cents came in within both research houses’ expectations. In a Tuesday report, DBS analyst Mervyn Song says he remains positive on the REIT on the ...
UBS positive on equities as global growth momentum continues
SINGAPORE (Dec 5): UBS is forecasting global economic growth to continue its positive momentum over the past year through to 2018, with little evidence of an impending slowdown. In UBS House View Year Ahead 2018, UBS' Global Chief Investment Office Wealth Management unit looks back on “particularly impressive” expansion in 2017 as demonstrated in the US, Eurozone, China, Japan, Russia and ...
Singapore is Asia’s richest country in gross terms: Allianz Global Wealth Report
SINGAPORE (Sept 28): Net financial assets of households in Singapore grew 9.6% in 2016, representing the fastest rate which the city state has experienced in four years.   This is according to the eighth edition of financial services provider Allianz’s Global Wealth Report, which assess the asset and debt situation of households in more than 50 countries. In a Wednesday press ...
Positive revisions only for property and technology sectors as economy goes through a patchy recovery
SINGAPORE (Aug 23): Only selective segments of the economy has benefitted from the economic recovery year to date, according to DBS. In a Wednesday report, analyst Yeo Kee Yan says that property – Capitaland, Frasers Centrepoint Limited and Perennial Real Estate – as well as technology – Venture Corp and Hi-P – sectors saw upward revisions to earnings, while other sectors saw mixed ...
Here’s what you might have missed out on at The Edge Singapore 2017 Mid-Year Investment Forum
SINGAPORE (July 28): 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 ...
Stay actively invested in Greater China & Asia equities: Manulife
SINGAPORE (July 10): Asia ex-Japan equities have outperformed their developed market peers in the year to date, with the MSCI Asia ex-Japan index gaining 22.56% compared to just 9.88% for the MSCI World Index (developed markets), according to Bloomberg statistics cited by Manulife Asset Management. In a Monday release, the asset management arm of Manulife Financial says the outperformance was ...
Is Thailand over its bad patch?
This article appears in Issue 784 (June 19) of The Edge Singapore which is on sale now (June 19): Thailand has endured more than 12 years of successive political crises and economic stresses. In recent months, the news flow appears to have brightened a tad, raising hopes that Thailand might finally be coming out of its long dark patch. There is growing evidence that the current cyclical ...
Who wins in the US shale vs OPEC battle depends on these 5 factors
SINGAPORE (March 15): As the Organization of the Petroleum Exporting Countries’ (OPEC) continues to follow through with its announcement last year to cut production in a bid to end the global supply glut, US shale has been notably making a record comeback which threatens to undermine the cartel’s goal, much to the chagrin of Saudi Arabia. (See also: OPEC agrees to cut production in drive ...