Singapore Stock Alpha Picks (December 2024) - UOB Kay Hian 2024-12-02: Add Centurion; Take Profit On DFI Retail

• To end of 2024, we make a slight change to our Alpha Picks portfolio by adding Centurion (SGX:OU8) while removing DFI Retail (SGX:D01).
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Market review.

• Global markets surged to record highs in early-Nov 24, driven by renewed positive investor sentiment after US elections. However, ongoing threats of new US import tariffs coupled with increased expectations that the US Fed would dial back on aggressive interest rate cuts weighed on sentiment, offsetting some of the early gains.
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Solid portfolio performance.

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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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