Singapore Stock Market News
UOB Kay Hian - Market Outlook & Strategy
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Publish date: Mon, 04 Aug 2014, 05:35 PM
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July ended on a strong note, rising 3.64% mom to 3,374.06. There was a late push towards the end of July as laggard sectors such as banks (+6.5% mom) and property (+5.0% mom) played catch-up. The latter was also helped by selective loosening of property cooling measures in China, which resulted in stocks with significant exposure to China such as CapitaLand and Keppel Land rising circa 8% mom each.
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