Credit Suisse sees upside potential for property developers listed in Singapore
Globally, equity prices have mostly run ahead of fundamentals, it says
Singapore
PROPERTY developers offer upside potential in a Singapore stock market that is already fairly valued, while around the world, "domestic champions" stand to benefit from inward-looking politics, Credit Suisse strategists said on Friday.
The private bank's house view is that continued improvements in Europe, robust fundamentals in the United States and better-quality growth out of China would underpin a modest but steady expansion for the global economy in 2017.
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