The Rooster's pecking grounds in 2017
Cooped-up sentiment set for market bustle
Singapore
LOW expectations, a bottoming out of the oil slump and positive economic data give hope that the Year of the Rooster will be one to crow about for Singapore stocks, said Credit Suisse in a report.
The Singapore equity market has been near the head of the regional flock since November 2016, with the Straits Times Index climbing 8.9 per cent over the past three months to Friday's close of 3,064.85.
An increase in oil prices, a surprisingly strong GDP expansion of 1.8 per cent in the fourth quarter of 2016 and higher inflation and interest rate expectations in the United States have released the hatches on cooped-up market sentiment, Cre…
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