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Healthcare and property stocks are Budget 2019 winners

Samantha Chiew
Samantha Chiew • 4 min read
Healthcare and property stocks are Budget 2019 winners
SINGAPORE (Feb 19): The recent Budget 2019 has little to no impact on the Straits Times Index (STI) component stocks, apart from ST Engineering which has a low index weight, according to DBS in a Tuesday report.
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SINGAPORE (Feb 19): The recent Budget 2019 has little to no impact on the Straits Times Index (STI) component stocks, apart from ST Engineering which has a low index weight, according to DBS in a Tuesday report.

Other mild potential beneficiaries are SembCorp Marine, domestic staple consumer companies, such as Sheng Siong, as well as healthcare stocks.

In the Budget 2019, finance minister Heng Swee Keat shared more detail on the extension of the Community Health Assist Scheme (CHAS), which was first mentioned at the National Day Rally last year by prime minister Lee Hsien Loong.

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