Financials shine in 2014; outlook positive this year
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
FINANCIAL firms outperformed the broader market last year, with the FTSE ST Financials Index notching up 10.3 per cent in price gains, data from the Singapore Exchange (SGX) showed. This compares with the 6.2 per cent rise in the benchmark Straits Times Index (STI) in 2014.
And despite a sell-off in banks in the past few days, analysts are still optimistic in their outlook for the sector this year.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
