Singapore stocks tipped to beat Asian peers on cyclical rebound from pandemic

SINGAPORE - Stocks in Singapore appear to be the best-placed in Asia Pacific to benefit from a potential cyclical recovery and success in finding a cure for the coronavirus, analysts say.

"We rate Singapore one of our most-preferred markets in the region," backed by"recession valuations" and expectations of an earnings recovery, said Hartmut Issel, head of APAC equities and credit at UBS Global Wealth Management. At about 84 per cent, the weighting of cyclical stocks in the STI gauge makes for the highest exposure among major benchmarks in the Asia Pacific region. That's even after excluding pandemic winners like technology and communication services. Banks - 41 per cent, real estate - 22 per cent and industrials - 17 per cent are the most dominant sectors.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Asian stocks edge lower after Wall Street dips in month-end tradeAsian stocks were set to weaken on Tuesday following a softer Wall Street close while the dollar slipped as markets digested new Federal Reserve ...
แหล่ง: ChannelNewsAsia - 🏆 6. / 66 อ่านเพิ่มเติม »

Asian stocks edge lower after Wall Street dips in month-end tradeAsian stocks were set to weaken on Tuesday following a softer Wall Street close while the dollar slipped as markets digested new Federal Reserve ...
แหล่ง: ChannelNewsAsia - 🏆 6. / 66 อ่านเพิ่มเติม »