High dividend yield an attraction in 2014: HSBC
Appreciating Sing dollar expected as MAS maintains a tightening bias
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
A HIGH dividend yield, coupled with an appreciating Singapore dollar, will probably be one of the main attractions of the Singapore stock market in 2014, HSBC said in its latest report.
In Asian Equities in 2014, Neel Sinha, head of research of South-east Asia at HSBC, said Singapore's estimated dividend yield of about 3.7 per cent for fiscal year 2014 is among the highest in Asia-Pacific countries.
"It is also the only market in the region hedged against potential interest rate increases as the regulator, MAS (Monetary Authority of Singapore), uses the currency band as its monetary tool for inflation targeting," he wrote.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
