While Kumar is aware of the risks of investing in the stock market, he reckons that the market dip caused by the novel coronavirus pandemic has turned up attractive opportunities. Even if the stock market were to dip further, he notes that time is on his side. Sooner or later, the stock market will rebound — as it has always done historically.
Stronger trading interest from the small boys have helped lift the market. Is Singapore Exchange able to sustain its attractiveness for both institutional and retail investors?
SINGAPORE (July 3): Prem Kumar, an undergraduate, recently made his maiden purchase of shares in Singapore Airlines (SIA) and Genting Singapore after opening a stock trading account early this year. His decision to invest in the Singapore stock market was largely driven by the desire to earn higher returns compared to the paltry interest rate he gets by saving it in a bank.
