SUBSCRIBERS

Brokers' take

Published Tue, Jul 12, 2016 · 09:50 PM
Share this article.

Singtel | Hold (Downgrade) Target price: S$4.29 July 12 close: S$4.31 OCBC Investment Research, July 12

Following the increased volatility in the global markets after the Brexit vote, interest rates have tumbled; 3-month Sibor eased to 0.9375 per cent recently, versus a peak of 1.25 per cent this year.

And with the risk-free rate also down sharply (currently around 1.65 per cent), our discounted c…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here