In her report on July 7, Lim says she sees these three counters as plays for international travel, retail, as well as a laggard pick on the back of the Singapore government’s aim to progressively reopen borders by end September or early October.
CGS-CIMB Research analyst Lim Siew Khee has kept her top picks for the reopening of the Singapore economy to SATS, Frasers Centrepoint Trust (FCT) and United Overseas Bank (UOB).
This comes as the Singapore government has relaxed its Covid-19 measures to now allow a group of five diners from July 12, from groups of two previously.
