SINGAPORE: Singapore’s stock market is unlikely to throw up much of a fuss if trade talks fail between the world’s two largest economies, according to Oversea-Chinese Banking Corp.
“Valuations are inexpensive, dividend yields are high and price-to-earnings is below average,” Lee said. Cost reduction and rate cuts will aid earnings, she added. Since at least 2008, the benchmark has rallied every time that gap climbed above 2 percentage points, according to data compiled by Bloomberg.
Global equities are heading for another month of gains amid hopes that a trade deal is around the corner.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen: