Dividends are in favour, but there are still bets in Singapore growth stocks
Analysts' picks include AEM, Penguin, mm2 and Fu Yu, which offers both growth and firm dividends
Claudia Tan HS
Singapore
DIVIDEND plays are currently the flavour of the month as market volatility and increasingly weak business conditions weigh on Singapore growth stocks.
Given the challenges from the US-China trade war and slowing economies in many regions, Jarick Seet, head of Singapore small and mid-cap research at RHB Securities, said growth stocks in Singapore are becoming a "rarity".
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Ringgit sinks to seven-month low despite record bond inflows as Fed fears dominate
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What Qantas’ Project Sunrise really means for Singapore