Lates News

Morgan Stanley's research team stated in a report that Singapore stocks remain their top defensive exposure. The country's stock market valuation is attractive with a future price-earnings ratio of 14.3 times and a dividend yield of up to 4%. Capital market reforms will further drive the stock market higher. Morgan Stanley believes that financial stocks are the best investment in the market. New measures supporting the Singapore stock market include liquidity injections, which may bring surprises to the market. Morgan Stanley reiterated its constructive view on the Singapore stock market.