In our previous article, we highlighted the ‘Yay’ and ‘Nay’ sectors that investors should invest in or avoid in the Singapore market. In this article, we will look at the four alpha picks that CIMB Research recommends going into 2H17.
Over the past two months, the plantation sector has been outperforming the market average (i.e. Singapore’s STI and Malaysia’s KLCI). According to UOB Kay Hian (UOBKH), the plantation sector has been gaining investor confidence after its strong year-to-date performance against the STI as well as the increasing trajectory of crude palm oil (CPO) prices.