Brokers' take

Singapore market

OCBC Investment Research, June 21

AS book makers slashed the odds of a Brexit scenario from a high of 44 per cent to 31 per cent after the tragic death of a United Kingdom (UK) lawmaker, markets went into a risk-on mode with global equities rallying firmly yesterday. The STI Index put in a strong performance on Monday - closing up 1.36 per cent at 2,800.9 - while Asian markets in Hong Kong, Shanghai and Japan similarly closed up. While our base case is for a non-Brexit scenario, we emphas…