Adjust your sails, keep on sailing | I3investor

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Singapore Stock Market News

Adjust your sails, keep on sailing

StockFanatic

Publish date: Tue, 22 Jan 2013, 11:36 AM

Singapore enters 2013 with key policy announcements. Last week, more measures to rein in property demand and plans to double the sizeof the MRT network were unveiled. The Singapore Population White Paper is also likely to be released soon.

Our small-cap picks have done well. CWT, Ezion, Frasers Commercial Trust and Midas all hit their 52 week highs last week. After a 149% outperformance against the STI since the start of 2012, Ezion looks fully valued; we downgrade it to Neutral from Outperform.

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