The 90-minute briefing also featured talks from Nordic Group’s (SGX:MR7
) executive chairman Chang Yeh Hong and Info-Tech Systems (SGX:ITS) CEO Babu Dilip. Also in attendance were Astro Chang, CEO of Nordic Group subsidiary Starburst, and Juan Chow Yee, CFO of Info-Tech Systems.
The rally in the local stock market is often attributed to blue chips. The Straits Times Index (STI) hit 5,000 points on Feb 12 and has held steady, even amid shocks like the US-Israel strike on Iran and the energy crisis. Yet, this overlooks the solid gains made by small- and mid-cap (SMID) stocks, those with market caps under $5 billion.
At an April 13 media briefing, Oversea-Chinese Banking Corporation (OCBC) (SGX:O39) equity research analysts Ada Lim and Andy Wong presented their insights on SMID stock investment opportunities. The session was based on the April 10 report, Singapore Small/Mid-Cap Equities: A Watershed Moment, co-authored by Lim, Wong and colleagues Chu Peng, Troy Cheng, Samuel Wong and Carmen Lee.
