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Singapore Stock Market Is Crap! Can Panda/Koala Investors Still Survive On Scraps???
Singapore stocks: Once bitten, twice shyWhy retail investors are shifting away from the local bourse, and how SGX plans to stay aheadUMA DEVIumadevi@sph.com.sg@UmaDeviBTAS a seasoned stock market investor since the 1990s, Ken is no stranger to market fluctuations and paper losses. As of today, the 56-year-old has lost some S$300,000 in the Singapore stock market, while his investments in the United States and Hong Kong have given him sizeable profits. "Retail investors don't have much confidence here, they're getting toasted," he tells The Business Times. "I've lost so much money that I'm scared."While Singapore continues to be lauded as a financial hub, drawing big business and billions in foreign investment, the local stock market appears to have lost some of its appeal to retail,