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Broking houses upbeat on Singapore market, citing cheap valuations
International banks less keen, taking "underweight" stand
Published Wed, Dec 3, 2014 · 09:50 PM
Singapore
CITING inexpensive valuations, local broking houses are reasonably upbeat about the Singapore market even as international banks are not too enthused.
UOB is targeting the Straits Times Index (STI) to close 9 per cent up from current levels of 3,300 points to 3,600 points by the end of 2015.
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