Latest profit misses trigger flurry of downgrades for Singapore stocks
Telcos get worst revisions, trade war continues to weigh on electronics, property remains tricky, while banks are a prime pick for most brokerages
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Singapore
A RASH of analyst downgrades rounds up the latest September-quarter corporate earnings parade, in which more companies fell short of the street's growth forecasts and positive surprises grew rarer.
Banks were the only consistent performers, with the rest of the sectors posting disappointing or mixed results.
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