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Transport, property, telco stocks in focus

Brokers advise clients to play the restructuring theme in Singapore stocks

DBS thinks the market is over optimistic on the impact of rail financing reforms and has a S$1.24 target price for SMRT, which closed trading at S$1.475 on Monday.


AS Singapore faces a subdued economic growth environment in 2016, brokers say clients should focus on stocks in the property and transport sectors.

These sectors could be given a lift by domestic policies, restructuring, and corporate actions, they say.