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Singapore stocks need a dose of optimism

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Published Mon, Jan 23, 2017 · 09:50 PM
    Changes to STI consensus profit forecasts

    Singapore

    EXPECTATIONS were low for Singapore stocks as 2017 began, which could present opportunities if circumstances and sentiment improve, the Singapore Exchange (SGX) said on Monday.

    Earnings multiples, fund flows and weak Asian currencies against the US dollar suggest that valuations for Singapore stocks are, at the least, not overpriced, SGX head of research and products Chan Kum Kong said on Monday.

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