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UOB Kay Hian advocates defensive play in first half of 2020

Broker is "overweight" on banks, gaming, healthcare, plantations and selected S-Reit sectors

Published Fri, Jan 3, 2020 · 09:50 PM
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Singapore

THE potential of a turbulent year in 2020 has prompted analysts from UOB Kay Hian to take on a defensive stance, by allocating some 60 per cent of exposure to large-cap and 40 per cent to small-cap stocks.

This comes as the Straits Times Index (STI) paled in comparison compared to other developed markets in Asia a…

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