Singapore Stock Market News

Singapore Banks - "Xenophobia" unwarranted

StockFanatic
Publish date: Mon, 05 Jan 2015, 10:20 AM
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No serious risk of foreigners withdrawing from property market, en masse. Tighter credit criteria. Valuations for key projects holding up.

In any property meltdown, OCBC most at risk, DBS least.

DBS still our top pick, followed by UOB. Maintain OVERWEIGHT with further earnings deliveries as catalysts.
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