Headwinds could continue to rattle Singapore market in H2 despite attractive valuations

VALUATIONS in the Singapore market are attractive, analysts say. But macroeconomic concerns remain in focus given high interest rates and an expected slowdown in the external environment.

Market watchers believe the local market could see some turbulence in the coming months, with uneven performance across sectors.

Singapore stocks turned in a mixed performance in the first half of 2023, despite a strong performance in equity markets in the US and parts of the Asia region.