Singapore To Outperform In 2023

🇸🇬 🇸🇬 Singapore To Outperform In 2023: Analysts at UOB Kay Hian are forecasting that the Singapore market will “outperform” even as 2023 looks to be a more uncertain year for the global economy
Investors Take Note: The Straits Times Index (STI) managed a total return of 6.6% in 2022
They are of the view that this outperformance by the STI should continue due to its defensive nature, and also given the prevalence of quality, value and dividend stocks relative to its regional peers
UOB Kay Hian: “Singapore presents a lower risk vs other countries in the region”
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