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Supermarket stocks show defensive performance in 2018

Published Wed, Jun 20, 2018 · 09:50 PM
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Singapore

LISTED supermarkets in Singapore have performed comparatively defensively since the end of April, amid regional concerns of a stronger US dollar and US-China tariff tensions, the Singapore Exchange said on Tuesday.

According to a market update report by the bourse, the two mainboard-listed supermarkets - Dairy Farm International and Sheng Siong Group - have averaged 2.9 per cent gains since the end of April.

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Sheng Siong

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