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Catalist stocks underperforming, going by bulk making losses after years of listing: Study

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SINGAPORE (THE BUSINESS TIMES) - Three quarters of the stocks that stay listed on Singapore Exchange (SGX)'s Catalist board for more than seven years have underperformed, a fresh study revealed.. Read more at straitstimes.com.

SINGAPORE - Three quarters of the stocks that stay listed on Singapore Exchange 's Catalist board for more than seven years have underperformed, a fresh study revealed.

"While not conclusive, this is contrary to expectations as one would expect growth companies to start as relatively unprofitable companies and become more profitable over time,'' the authors said, urging that a review of the Catalist board be undertaken. Issuers are free to change sponsors after three years of listing on Catalist, and issuers may for instance choose to drop sponsors that the issuers do not see eye to eye with.

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Catalist stocks underperforming, says study co-authored by Prof MakTHREE quarters of the stocks that stay listed on Singapore Exchange (SGX)'s Catalist board for more than seven years have underperformed, a fresh study revealed. Read more at The Business Times.
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