The regional strategy team continues to like Singapore. Looking beyond the short-term volatility, Singapore's regional standing appears attractive.
We expect the company’s tractor and consumer business to boost profitability ahead. For more top stories on Singapore’s market, see Singapore Wired Daily.
Meanwhile, oil & gas, commodities, consumer goods, and services suffered cuts to their earnings. We maintain our view that the Straits Times Index has priced in the year-to-date recovery optimism.
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