There has been positive build-up to the 4Q17 results season in Singapore; expectations are high after GDP beat consensus estimates. For more, check out today’s Singapore Wired Daily.
January marks the start of the 4Q17 results season; expectations are high after Singapore’s 4Q GDP flash numbers beat estimates. We are pegging near-term support for the Straits Times Index at 3,420.
We expect Asian equities to deliver gains yet again in 2018. Based on our 2018 year-end index forecasts, all Asian markets will have a target return of 3-15% in local currency terms, ex-dividend.
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