With the latest announcement from MAS Singapore...STI stocks look bright.
" MAS appoints first 3 asset managers to inject initial S$1.1 billion into Singapore equities" 😱
I believe those asset managers will scope up more blue chips. Especially those that are Gov - linked companies like Singtel, SIA, Keppel and Sembcorp industrial etc.
And for the 2nd phase, I believe they will looks into REITs like CapitaLand investment, capitaland Ascendas, Mapletree industrial to Keppel DC REIT etc to o take advantage of the low price before rates cut.
Singapore shares look good with the new capital injection. Follow the trends, but the dip when possible[Miser]
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