S'pore investor sentiment perks up in Q2
Optimism at its highest since Q1 2013 when Manulife survey was launched
SINGAPORE investor sentiment improved in the second quarter of this year, hitting the highest level since the first quarter of last year when Manulife launched its survey.
As measured by the Manulife Investor Sentiment Index, the sentiment rose four points in Q2 to 15, from the preceding quarter's 11 points. The index was 10 points in Q1 2013.
The better sentiment was driven primarily by a more positive view of the property, fixed income and mutual fund sectors, according to Manulife's latest findings.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Porsche posts Q1 profit drop on ramp-up costs