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Rates, Commodities Key for Singapore Investors -- Market Talk

10 Jan 2017 5:49 am

0549 GMT - Rising US interest rates, higher commodity prices and a strong greenback are among 5 key themes liable to dominate investors' minds in Singapore this year, says CIMB. Higher rates could "spell the end" of the REIT play while giving opportunity to pick up beaten-down property developers. Meanwhile, stronger crude palm-oil prices would benefit plantation stocks and higher oil would aid offshore and marine stocks. UOL (U14.SG), Singapore Technologies Engineering (S63.SG) and Dairy Farm (D01.SG) are CIMB's top 2017 picks for the country. (saurabh.chaturvedi@wsj.com; @journosaurabh)
 

(END) Dow Jones Newswires

January 10, 2017 00:49 ET (05:49 GMT)

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