Singapore Stock Market News

Consumer - Stick to the structural winners

StockFanatic
Publish date: Wed, 22 Jan 2014, 08:51 AM
StockFanatic
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Regional Sector Navigator - 2014

We recommend a Neutral stance on the regional (Asia ex-Japan) consumer sector given the rich valuations and headwinds from the overall muted 1H consumption outlook. We believe investors should adopt a bottom-up approach and stick to high quality winners that are well positioned to tap the structural multi-year demand themes.
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