You are here

PREMIUM

UOB Kay Hian advocates defensive play in first half of 2020

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

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes