Singapore Stock Market News

Strategy - Eyes On ASEAN

StockFanatic
Publish date: Mon, 17 Dec 2012, 12:18 PM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Fed's QE3 redux: good timing
The Fed's latest asset purchase comes at a time of bottoming macros and declines in risk indicators. We view it positively and expect up to 18% upside for ASEAN-4 markets in 2013. Cyclical sectors should find favour in the new year: offshore & marine, property and commodities. We also like Thailand's and Indonesia's infrastructure-linked beneficiaries and remain selectively positive on financials and consumer. Our ASEAN top picks include Astra, CTRA, SCC, CAPL, DBS, SIRI, Maybank, Axiata, CPF, Robins, RALs and Adaro.
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