Two stocks CIMB says are poised to ride Singapore’s upswing
16 Oct 2017, 01:53 pm
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SINGAPORE (Oct 16): CIMB is “overweight” on the property and manufacturing sectors and added to top picks Keppel Corp to ride the upswing in Singapore’s property market and Venture Corp for visible growth in volume.

This follows advance 3Q GDP growth of 6.3% q-o-q, with growth across the board except for the private construction sector, beating expectations.

“We believe the heightened government land sale and en bloc redevelopment craze will spur the private construction sector in 2018. Overweight on property and manufacturing sectors,” says analyst Lim Siew Khee in a Friday report... (Click here to read the full story.)

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