RHB Group Research analyst Shekhar Jaiswal remains optimistic about the Singapore equity market, noting that it offers opportunities to accumulate stocks that offer “operating leverage to the ongoing economic reopening and better earnings visibility”.
The change in measures includes up to five fully vaccinated people from the same household now allowed to dine together in restaurants (excluding hawker centres and coffee shops), the launch of a vaccinated travel lane (VTL) between Singapore and Malaysia as well as with Finland and Sweden; and differentiated measures on medical bills between those vaccinated against Covid-19 and those who are not.
