SINGAPORE’S equity market may be on the cusp of a structural uplift, with mid-cap stocks poised to benefit the most from a confluence of supportive domestic policies, resilient earnings prospects and increased investor attention.
According to two research houses, UOB Kay Hian (UOBKH) Research and Maybank Investment Bank Research (Maybank IB), there are encouraging signs for Singapore equities in the months ahead, particularly as the Monetary Authority of Singapore (MAS) prepares to roll out a S$5bil Equity Market Development Programme (EQDP) to invigorate market liquidity and institutional participation.
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