News analysis

Surge in interest in local undervalued stocks

Agri-food, consumer staples join early favourites healthcare and tech as hot picks

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Despite the prevailing coronavirus pandemic, the local bourse has seen a surge in interest in undervalued situational and growth stocks.

The early favourites have been largely in the healthcare and technology segments, both of which stand to benefit hugely from the circumstances societies find themselves in now. But there is another category of stocks which has also started attracting investors.

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A version of this article appeared in the print edition of The Straits Times on May 18, 2020, with the headline Surge in interest in local undervalued stocks. Subscribe