Singapore Strategy

RHB recommends investors to rotate back into Covid-19 beneficiaries including supermarkets and industrial REITs - THE EDGE SINGAPORE

Broker's Calls

RHB recommends investors to rotate back into Covid-19 beneficiaries including supermarkets and industrial REITs

The brokerage has kept its top picks unchanged for now. See them here.
Maybank Kim Eng sees choppy markets as opportunities to 'buy the dip' on names including ComfortDelGro, DBS, OCBC, Q&M - THE EDGE SINGAPORE

Broker's Calls

Maybank Kim Eng sees choppy markets as opportunities to 'buy the dip' on names including ComfortDelGro, DBS, OCBC, Q&M

The analysts at Maybank Kim Eng have kept their GDP for the FY2021 at +6.2%. They also maintain thei 12-month STI target of 3,537.
UOB Kay Hian favours counters with strong earnings growth and those with majority of earnings outside Singapore - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian favours counters with strong earnings growth and those with majority of earnings outside Singapore

Singapore Airlines (SIA) remains the brokerage’s key “sell” call as they see travel resuming only after 3QFY2021.
There is still value in Singapore market, says OCBC - THE EDGE SINGAPORE

Broker's Calls

There is still value in Singapore market, says OCBC

Some of the OCBC Investment Research team's picks include Ascendas REIT, CapitaLand, CDL, Netlink NBN Trust, MNACT and UOB.
Look to defensive counters such as SGX during the tighter restrictions: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Look to defensive counters such as SGX during the tighter restrictions: CGS-CIMB

These counters are likely to see “minimal implications” from the ongoing measures.
Transport stocks, retail REITs, as well as re-opening beneficiaries to be impacted by Phase 2 measures: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Transport stocks, retail REITs, as well as re-opening beneficiaries to be impacted by Phase 2 measures: CGS-CIMB

Counters that have benefitted from the Covid-19 pandemic could see a renewed interest, says CGS-CIMB analyst Lim Siew Khee.
FLCT could replace Jardine Strategic in Straits Times Index: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

FLCT could replace Jardine Strategic in Straits Times Index: CGS-CIMB

CGS-CIMB has also continued its "hold" recommendation on Jardine Matheson, with an unchanged target price of US$54.68.
DBS sees current STI decline as 'healthy correction' while CGS maintains FY21 STI target of 3,068 points - THE EDGE SINGAPORE

Broker's Calls

DBS sees current STI decline as 'healthy correction' while CGS maintains FY21 STI target of 3,068 points

As at 1.11pm, the STI is trading 19.50 points higher or 0.67% points up at 2,936.79.
'Flurry' of corporate transactions here, more to come in O&M small caps: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

'Flurry' of corporate transactions here, more to come in O&M small caps: CGS-CIMB

Cashed-up buyers, low liquidity and bashed-up valuations for cyclicals are driving Singapore’s economy.

Singapore economy

Singapore is 'one step closer to dawn' as worst is behind Singapore-listed companies: DBS

The STI, which now trades above a 13.2x average forward price-to-earnings ratio (PE ratio), is attractive on its P/BV, and less so on earnings, say DBS analysts Yeo Kee Yan and Janice Chua.
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