Singapore Stock Alpha Picks (March 2023) - UOB Kay Hian 2023-03-03: Adding Delfi While Removing DBS, SIA Engineering, Thai Beverage

Singapore Stock Alpha Picks (March 2023) - Adding Delfi While Removing DBS, SIA Engineering, Thai Beverage

Singapore Stock Alpha Picks (UOBKH) | SGinvestors.ioDELFI LIMITED (SGX:P34)
  • Despite overall bearish investor sentiment in February, our Singapore Stock Alpha Picks (February 2023) portfolio easily outperformed the STI by 3.7ppt on an equal-weighted basis.
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  • Our Alpha Picks portfolio has beaten the STI for 11 out of the past 12 months.

Feb 2023 Market review.

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  • However, unexpected hot US consumer inflation data and a robust US jobs market in Jan 2023 raised doubts that a “soft landing” was achievable, sending global markets downwards with the STI dropping 3.1% m-o-m.

Back-to-back beats for UOBKH's Singapore stock Alpha picks.

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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 @

Singapore Research UOB Kay Hian Research | 2023-03-03

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