Singapore stocks helped by election as diversity increases

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A more diverse parliament will boost the city-state’s equities, say analysts. FMTNews Singapore

SINGAPORE: Another mandate for Singapore’s ruling party – along with the opposition winning its most seats ever – will boost the city-state’s equities, according to analysts.

A more diverse parliament could lead to better policy reforms that will help the city-state’s companies, the commentators say. “Open and tough discussions will foster even better policies that will ultimately flow down to firms including government-linked companies.”

 

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