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Tech stocks still not investors' darlings

Listed tech companies are valued on metrics such as revenue and market share, even if they aren't profitable; S'pore investors still look at PE ratios

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Listed tech companies are valued on metrics such as revenue and market share, even if they aren't profitable; S'pore investors still look at PE ratios

Singapore

MENTION tech stocks, and chances are Singapore stocks will not immediately spring to mind. World No 1 Apple's market cap alone is easily 45 times that of the Singapore Exchange's 85 actively-traded IT stocks combined.

Market watchers say that the tech ecosystem here is