Singapore Stock Alpha Picks (February 2024) - UOB Kay Hian 2024-02-02: Portfolio Holds Steady Amid Market Weakness

Singapore Stock Alpha Picks (February 2024) - Portfolio Holds Steady Amid Market Weakness

Singapore Stock Alpha Picks - UOB Kay Hian Research | SGinvestors.ioVenture Corp (SGX:V03) YANGZIJIANG SHIPBLDG HLDGS LTD (SGX:BS6)
  • In Jan 24, our Singapore Stock Alpha Picks (January 2024) portfolio beat the STI by 2.7ppt and 0.7ppt on an equal-and market-weighted basis respectively, as the STI slipped into negative territory. Stocks began the year on a subdued note with the external environment remaining uncertain.
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Market review.

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  • On top of this, Red Sea shipping disruptions continue to hit global manufacturing. As a result, the STI fell 2.7% m-o-m in Jan 24.

Slightly outpacing the STI.

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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 Team UOB Kay Hian Research | 2024-02-02

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