- 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 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/ 2023-11-01
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