Singapore Stock Alpha Picks (November 2023) - UOB Kay Hian 2023-11-01: Add SIE, SingTel, Food Empire, FEHT, Frencken; Remove SEA, Keppel, CLAS

• Poor investor sentiment drove our Singapore Stock Alpha Picks (October 2023) portfolio into negative territory; however, it nevertheless beat the STI by 0.1ppt on a market cap-weighted basis. As a result, our portfolio has outperformed the STI 18 out of past 20 months.
• - Read this at SGinvestors.io -

Market review.

• - Read this at SGinvestors.io -
• Also, a few high-profile disappointments from the US earnings season along with heightened geopolitical tensions in the Middle East further dented investor sentiment, resulting in the STI falling 4.7% m-o-m in Oct 23.

Slight beat.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

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