Singapore market has edge over regional peers: analysts

A RECENT correction in Singapore stocks has made the local market a more attractive bet vis-a-vis its regional peers on two fronts: valuation and yield.

While concerns remained over a domestic manpower crunch, elevated business costs, a lacklustre property market and higher interest rates, the Singapore stock market's more defensive nature gave it the edge, said analysts.

HSBC Global Research maintained its "overweigh…