Phillip 3Q25 Singapore Strategy - Phillip Securities 2025-07-03: Going Local

• City Developments, DBS, and Sembcorp have replaced OCBC, UOB, and SATS in the Phillip Absolute 10 Portfolio of Singapore stocks for 3Q25.

2Q25 Market Review:

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -
• REITs are beginning to recover as yields become more attractive, following lower SORA and fixed deposit rates.

3Q25 Market Outlook:

• Read more at SGinvestors.io.

Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

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