- Our Singapore stock alpha picks (November 2022) outperformed the STI index, advancing by 8.9% on a market-cap weighted basis vs the STI’s 6.4% gain in Nov 22.
- - Read this at SGinvestors.io -
- We also take profit on First Resources and Yangzijiang Shipbuilding after their strong performances while removing ComfortDelGro from our portfolio, given compressing margins and the potential loss of its current bus contracts.
Singapore stock market review.
- - Read this at SGinvestors.io -
- Also, the slight easing of China’s COVID-19 restrictions lifted hopes for an earlier-than-expected shift away from its ongoing zero-COVID policy, boding well for Asia’s regional economic outlook.
Outperformance in Nov 22.
- Read more at SGinvestors.io.
Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.
Singapore Research Team UOB Kay Hian Research | https://research.uobkayhian.com/ 2022-12-05
More views on Singapore stock market outlook & investment strategy:
Analysts Say Analyst Reports on Singapore Stock Strategy
Latest research on Singapore stocks @
Analysts Say Stocks & REITs Research Reports
Analysts Say Sector / Industry Research Reports
Latest Stock Ratings & Price Targets @
Analysts Say Price Targets & Stock Ratings Changes
Analysts Say Consensus Target Prices