Top Q4 stock picks: financials, property, reopening plays
These stocks will hold up well despite a rise in inflation: Phillip Securities
Singapore
SURGING price pressures have rattled investors globally, triggering periodic sell-offs. But there are stocks here that will hold up well in an environment where inflation is heating up, according to analysts from Phillip Securities.
Asset reflation, economic recovery and rising interest rates will benefit financials while the real estate sector can ride the wave of rising residential property prices, said Phillip Securities' research head Paul Chew.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results