- 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.
- - Read this at SGinvestors.io -
- Our Alpha Picks portfolio has beaten the STI for 11 out of the past 12 months.
Feb 2023 Market review.
- - Read this at SGinvestors.io -
- 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.
- 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 UOB Kay Hian Research | https://research.uobkayhian.com/ 2023-03-03
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