- Our Singapore Stock Alpha Picks (April 2023) bettered the STI by 3.2ppt on a market cap-weighted basis in Apr 23. On an equal-weighted basis, our portfolio still outperformed the STI by 2.9ppt.
- - Read this at SGinvestors.io -
- We make no changes to our Alpha Picks portfolio for May 23. Our Alpha Picks portfolio has now beaten the STI in 13 out of the past 14 months.
Market review.
- - Read this at SGinvestors.io -
- A mixed start to the US corporate earnings season also left investors waiting on the side-lines, gauging the health of corporate earnings and the overall US economy. With growing macroeconomic uncertainty, the STI remained relatively flat in Apr 23, inching up slightly by 0.4% m-o-m.
Strong returns of our Alpha Picks portfolio in year-to-date.
- 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/ 2023-05-04
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