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RHB upgrades Singapore technology stocks to 'overweight'

Among analyst's top picks are Frencken Group and Venture Corp

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Janice Lim

Janice Lim

Published Thu, Mar 17, 2022 · 09:50 PM

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    Singapore

    RHB upgraded Singapore technology stocks to "overweight" as the recent correction across the global tech sector has resulted in these stocks having undemanding valuations.

    With the outlook of certain companies still robust, RHB analyst Jarick Seet said in a report on Thursday (Mar 17) that the risk-reward profile at these valuation levels has made the counters an attractive option.

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