Reported 2 days ago
As the impacts of U.S. tariffs unfold, investors are flocking to Singapore's high-yield, defensive stocks, particularly in telecommunications and utilities, moving away from traditional favorites like banks. Despite challenges, Singapore's market has displayed resilience, attracting significant institutional investment in telecoms like Singtel, which has seen substantial gains this year. Meanwhile, major banks have faced outflows amid concerns about earnings growth, highlighting a shift toward safer, yield-focused equities in the current market landscape.
Source: YAHOO