SIA, Genting, Suntec Likely Winners As Consumers Switch Spending From Products to Services: DBS

businesstimes2022-09-05

INVESTORS looking to hedge against a potential change in spending patterns could consider switching up their buys from manufacturing towards the services sector, said DBS in a report on Monday (Aug 5)...

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Comments

BNJMN
2022-09-06
BNJMN
Okay maybe
Billyliew
2022-09-05
Billyliew
Okay
blessed_1
2022-09-05
blessed_1
Ok
DiAngel
2022-09-05
DiAngel
Looking forward to $6.60 for $SINGAPORE AIRLINES LTD(C6L.SI)$😘🥰😍🫶

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13:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/sia-genting-suntec-likely-winners-as-consumers-switch-spending-from-products-to><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>INVESTORS looking to hedge against a potential change in spending patterns could consider switching up their buys from manufacturing towards the services sector, said DBS in a report on Monday (Aug 5)...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/sia-genting-suntec-likely-winners-as-consumers-switch-spending-from-products-to\">Source 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","collect":0,"end_time":0,"defaultTopTitle":"businesstimes.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"G13.SI":"云顶新加坡","T82U.SI":"新达产业信托","C6L.SI":"新加坡航空公司"},"translate_title":"新航、云顶、Suntec可能成为赢家，因为消费者将支出从产品转向服务：星展","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"C6L.SI":0.9,"G13.SI":0.9,"T82U.SI":0.9},"content_text":"INVESTORS looking to hedge against a potential change in spending patterns could consider switching up their buys from manufacturing towards the services sector, said DBS in a report on Monday (Aug 5).Noting the weak Purchasing Managers Index (PMI) seen in August, DBS researchers posited that this could be a sign that manufacturers’ were wary about weak consumer demand come this Christmas shopping season.They further expect these headwinds to continue due to slowing growth expectations from China amidst ongoing Covid-19 lockdowns, slowing global consumer spending as well as curbs in US’s chip exports to China that could 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