Singapore equity market in a 'sweet spot': Phillip Securities

Singapore

WHILE the Straits Times Index (STI) lagged some of the major equity benchmarks last year, the local market is poised to generate better returns this year.

Singapore's equity market is now in a "sweet spot", supported by the potential economic rebound and a low interest rate environment, said Phillip Securities' head of research Paul Chew on Saturday in an online Webinar for clients.