Power stocks surge as renewable energy takes centrestage

Yoong is positive on the prospects of exporting RE to Singapore, noting that profit margins would be good.

POWER stocks, usually kept for their steady dividends, appear to be garnering increased interest from investors not only locally but also from abroad.

Some of the counters are among the better performing stocks in the year-to-date (y-t-d) period as investors move into them in anticipation of unfolding catalysts: the much talked about wider and broader move by the country to renewable energy (RE).