Singapore Market Focus - DBS Research 2023-03-02: Riding The Fluid Inflation Environment

Singapore Market Focus - Riding The Fluid Inflation Environment

Singapore Market Focus - DBS Research | SGinvestors.ioUNITED OVERSEAS BANK LTD (SGX:U11)
  • Singapore Banks to drive market rebound in March / April 2023.
  • Seek shelter from higher-for-longer rates from 4 Singapore stocks.
  • 2 possible scenarios at March Fed meeting.

A more stable March.

  • Regional currencies have touched near-term support. The US$-S$ rebound is also approaching near-term resistance at 1.35-1.36. This suggests a calmer March, even as inflation woes return. The upcoming US economic data and Fedspeak will drive direction in the lead-up to the FOMC meeting on 23 March.
  • - Read this at SGinvestors.io -
  • UOB (SGX:U11) ex-dividend date: 28 Apr 2023 (S$0.75).
  • OCBC (SGX:O39) ex-dividend date: 08 May 2023 (S$0.40).

4 stocks under which to shelter from higher-for-longer rates.

  • Read more at SGinvestors.io.




Above is the excerpt from report by DBS Group Research.
Clients of DBS may access the full report in PDF @ https://www.dbs.com/insightsdirect/.




Kee Yan YEO CMT DBS Group Research | Janice CHUA DBS Research | Singapore Research Team DBS Research | https://www.dbs.com/insightsdirect/ 2023-03-02



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