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Time to switch to defensive consumer stocks? RHB thinks so

One of its top picks is Catalist-listed Japan Foods Holding; it also likes small-cap player Kimly

Japan Foods, which operates the Ajisen Ramen and Menya Musashi restaurants here, offers the highest dividend yield among its peers at 4 per cent, based on an expected annual payout of S$0.02 and Friday's closing price of S$0.505 per share.


THE tech manufacturing sector led earnings growth last year, but now could be the time to switch to more defensive small-cap counters as sentiment is shifting, stock-pickers from RHB Research said on Friday.

"This year, for consumer stocks, if you look at their results...

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