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Analysts see more positive outlook for S'pore market

They expect average earnings per share growth of 8-13% for key index stocks covered

Singapore

STOCKBROKING analysts are sounding a more positive outlook for 2014, with leading houses looking for average earnings per share growth of 8 to 13 per cent for key index stocks covered.

This comes on the back of forecast GDP growth expectations ranging from 3 to 5 per cent for 2014.

We highlight below views of three broking houses and their top picks for 2014.

DBS Vickers - Singapore Strategy 2014 Outlook

Janice Chua, Head of Research

Singapore should outperform Asean peers. While Asia markets will still be impacted by the progression of QE tapering in the coming months, we expect Singapore equities to hold up better compared to most of its Asean peers. The combination of a strong current...

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