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Transport, property, telco stocks in focus

Brokers advise clients to play the restructuring theme in Singapore stocks

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DBS thinks the market is over optimistic on the impact of rail financing reforms and has a S$1.24 target price for SMRT, which closed trading at S$1.475 on Monday.

Singapore

AS Singapore faces a subdued economic growth environment in 2016, brokers say clients should focus on stocks in the property and transport sectors.

These sectors could be given a lift by domestic policies, restructuring, and corporate actions, they say.

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