M&A, yield play to drive Singapore equities market in 2020: Credit Suisse report
Claudia Tan HS
Singapore
MERGERS and acquisitions (M&A), and high dividend yield will drive Singapore's equities market in 2020 amid modest economic recovery, according to a Credit Suisse report.
Consequently, Credit Suisse is recommending a portfolio of restructuring and high yield opportunities in the market. This is in part due to the trailing dividend yield of 4.2 per cent, which is higher than its historical average and also ahead of other markets in the Asia-Pacific.
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