SINGAPORE, April 28 -- Assurances of policy continuity and economic support will be critical for investors ahead of Singapore's general election as markets face pressure from US-imposed tariffs.
According to Bloomberg, Saturday's vote could boost shares of domestically-driven companies in sectors like retail, construction, and infrastructure due to potential policy support.
The Singapore dollar may also strengthen, as it typically trends higher during election periods, according to DBS Bank Ltd.
The stakes are high for the city-state as trade uncertainty threatens an economic slowdown and deepens cost-of-living concerns among voters.
Since peaking in March, the benchmark Straits Times Index has fallen about 4 per cent, lagging behind ...
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