Singapore Strategy 1H25 - UOB Kay Hian 2024-12-09: Sectors & Stocks That We Like

• Staying constructive for 1H25 - Despite our muted earnings outlook next year, we believe that the Straits Times Index (STI) can nevertheless witness P/E multiple expansion given the prevalence of blue-chip defensive stocks with strong cash flow generation and relatively high dividend yields. See Singapore Market Strategy - Opportunities Abound Despite Muted Earnings.
• - Read this at SGinvestors.io -

Focus stocks for 1H25

Singapore large cap stocks

• Our top large-cap picks are
  • Bumitama Agri (SGX:P8Z),
  • ComfortDelGro (SGX:C52),
  • - Read this at SGinvestors.io -
  • Mapletree Industrial Trust (SGX:ME8U),
  • OCBC (SGX:O39),
  • ST Engineering (SGX:S63),
  • Sembcorp (SGX:U96),
  • SingTel (SGX:Z74),
  • Venture Corp (SGX:V03) and
  • Yangzijiang (SGX:BS6).

Singapore small/mid cap stocks

• 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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