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Morgan Stanley upgrades Singapore banks to overweight

It sees boost from stronger return on equity, earnings visibility and relative dividend yield

Published Tue, Nov 19, 2019 · 09:50 PM

Singapore

ANALYSTS from Morgan Stanley (MS) have upgraded Singapore financials to "overweight" on the back of stronger return on equity (ROE), earnings visibility and relative dividend yield, according to the Morgan Stanley Research's 2020 Asia EM Equity Strategy Outlook report.

With the st…

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Singapore banks

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