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  • Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/alfi/tes_website/sites/all/modules/blockgroup/blockgroup.module).
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Brexit

‘Neutral’ outlook for Singapore market, says DBS

SINGAPORE (June 29): DBS is maintaining its “neutral” outlook for the Singapore market, with a year-end target for the benchmark Straits Times Index (STI) at close to 2,950, according to a report dated Tuesday.

June 29, 2016

Broker's Calls

Ascott Residence Trust kept at ‘hold’ by CIMB with $1.16 target price

SINGAPORE (June 29): CIMB has maintained its “hold” call for Ascott Residence Trust (ART), with a target price of $1.16, according to a report dated Tuesday.

June 29, 2016

Funds

Investors underestimated Brexit risk ahead of vote: State Street’s Metcalfe

SINGAPORE (June 29): Prior to the June 24 Brexit decision, global institutional investor confidence fell only marginally by 0.1 points in June, according to the State Street Investor Confidence Index (ICI).

June 29, 2016

Broker's Calls

ComfortDelGro to ‘remain resilient’ against Brexit, private hire car services: OCBC

SINGAPORE (June 29): OCBC Investment Research on Wednesday said ComfortDelGro is likely to “remain resilient” in the face of Brexit and private car hires services such as GrabCar and UberX.

June 29, 2016

Lombard Odier

Funds

Lombard Odier buys oversold Japanese stocks; urges investors to keep calm

SINGAPORE (June 28): Jean-Louis Nakamura, the Asia chief investment officer at Swiss wealth management firm Lombard Odier, is urging investors to “keep calm and refrain from making outsized adjustments” in their portfolios in the aftermath of Brexit.

June 28, 2016

Toyota

Funds

Which Japan funds are buying opportunities?

SINGAPORE (June 28): Britain’s decision to exit the European Union saw Japan’s benchmark Nikkei index slumping 7.9% to February levels last Friday. Since then, the index has recovered some ground, gaining 2.5%. Should investors decide to jump into Jap

June 28, 2016

Stay defensive, advises DBS, and remember H.I.D.E.

SINGAPORE (June 28): Investors should stay defensive and favour stocks which are “High growth, Infrastructure-related with Dividends and Earnings visibility” in the low growth high volatility environment after Brexit.

June 28, 2016

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