MORGAN Stanley is expecting a sustained rebound in Singapore’s stock market on an imminent recovery in domestic and global growth.
The nation’s economic growth likely troughed in the second quarter, analysts Wilson Ng and Derek Chang wrote in a report Monday. The country boasts some of the highest dividend yields in the world, paying about 4.5%, and could see more fund flows for its "safe haven” status amid geopolitical tensions and regional economic uncertainties, they added.
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