Cyclical stocks linked to domestic consumption expected to benefit

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

SINGAPORE's transition towards Phase 3 as the city-state joins the rest of the world to roll out vaccines to its citizens will be a boost to the local market, particularly for cyclical stocks with exposure to domestic demand, according to analysts. Read more at The Business Times.

Investor and business sentiment has been lifted by optimism for a pick-up in economic activity following PM Lee's announcement that Phase 3 of Singapore's reopening will start on Dec 28.

SINGAPORE's transition towards Phase 3 as the city-state joins the rest of the world to roll out vaccines to its citizens will be a boost to the local market, particularly for cyclical stocks with exposure to domestic demand, according to analysts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines