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Brokers temper expectations for H1

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Published Tue, Feb 17, 2015 · 09:50 PM

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UOB-Kay Hian

Singapore

SINGAPORE brokers are not expecting a strong pick-up in market activity in the first half of 2015, with UOB-Kay Hian Holdings on Tuesday guiding for a "subdued" outlook.

The broker posted a 7.4 per cent increase in net profit during the fourth quarter as higher lending activity offset a decline in commission income.

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