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Relatively high yields offered by Singapore’s leading stocks and Reits could be attractive to global investors seeking diversification amid heightened volatility
As global markets convulsed on Monday (Aug 5), one of my colleagues said to me: “I wonder what will happen to the SGX revival plan.”
The Monetary Authority of Singapore (MAS) had announced on Aug 2 that it had set up a review group to recommend measures to strengthen the local equities market.
The move came three months after a Financial Times report said there had been a “shift in thinking” in Singapore about the importance of a thriving stock market to its standing as a global hub for business and finance.
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