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Is the Singapore stock market as bad as it’s made out to be?
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Critics of the local market might argue that the STI in recent years has been driven mainly by the banks. While this is largely correct, again it is only one side of the picture.
PHOTO: ST FILE
David Gerald
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SINGAPORE – The Singapore Exchange (SGX) has come under much scrutiny lately, with a high-level committee formed in August to study ways to stimulate interest in a market that is often criticised as boring, lacking in liquidity and therefore unable to attract exciting new listings.
These are the reasons usually cited for why younger investors are shunning local stocks in favour of other markets like the United States, or more volatile assets like cryptocurrencies.
