0237 GMT - It is prudent for investors to have some exposure to Singapore's stock market, as 2023 could be a year of great uncertainty for global markets, particularly given persistently elevated inflation and high interest rates, says OCBC Investment Research analyst Carmen Lee in a research report. Singapore is a good diversifier because it provides a stable group of core-value stocks, which will likely help lower the overall volatility of any equity portfolio, Lee says. China's reopening and the return of Chinese tourists will probably help boost revenue for tourism-related industries, Lee adds. Stocks in OCBC's Singapore-focus list include ComfortDelGro, DBS, Keppel Corp., Singapore Telecommunications and Thai Beverage. (firstname.lastname@example.org)
(END) Dow Jones Newswires
January 18, 2023 21:37 ET (02:37 GMT)
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