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Straits Trading showing plenty of value despite strong rise this year

Stock is up 75.1% this year, outperforming STI gain of 13.7%, but remains undervalued relative to its book value

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Claudia Tan HS

Published Tue, Nov 2, 2021 · 09:50 PM

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    Singapore

    SHARES of Straits Trading have gained 75.1 per cent this year, outperforming the Straits Times Index's gain of 13.7 per cent.

    Despite that increase, however, Straits Trading remains undervalued relative to its book value.

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