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Morgan Stanley picks its favourite Singapore shares 

Aerial view of Singapore’s central enterprise district and bayfront space.

BNBB Studio | Second | Getty Photographs

Morgan Stanley has revised its listing of favourite Singapore shares — and three on that listing have an upside of greater than 30%.

The MSCI Singapore Index — in native foreign money phrases — has gained round 8.2% this yr as of Wednesday’s shut, after dropping 12.8% in 2020.  

Morgan Stanley stated the Singapore market has additional room to run, due to a recovering economic system, restructuring exercise amongst listed companies, and the inclusion of latest economic system shares into the MSCI Singapore Index.

Listed below are the 5 shares that made it to the funding financial institution’s newest “focus listing” for Singapore, and those that dropped out.

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