Why Singapore stocks should be on shopping list of bargain hunters

SINGAPORE (Oct 23): Singapore stocks should soon become a favourite for investors looking for value.

That’s because valuations, earnings growth and dividend yields are looking particularly attractive, according to strategists at Morgan Stanley Asia Singapore and DBS Group Holdings’ wealth-management unit.

Hit by concerns over the impact of the US-China trade war and Federal Reserve monetary tightening, the benchmark Straits Times Index has slumped 15% since May and is hovering around its lowest level since January 2017.

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