Pockets of uptrend in Singapore stock market


Many companies have warned their shareholders to expect lower revenues and pressure on earnings this year, despite reporting stronger financial results and attractive dividends in 2022. — Bloomberg

SINGAPORE: Locally listed companies operating in industries from real estate to commodities say business conditions will get tougher this year as demand slows and costs continue to rise.

While this could put pressure on earnings, spurring some companies to be less generous with dividends and stall their plans for growth, some analysts said pockets of opportunity can still be found in the local stock market.

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