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Pockets of growth can be found in S’pore stock market despite pressure on earnings, dividends
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Rising interest rates will have a greater impact on firms that need to borrow heavily from the banks to finance new projects.
ST PHOTO: KUA CHEE SIONG
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SINGAPORE – Locally listed companies operating in industries from real estate to commodities say business conditions will get tougher this year as demand slows and costs continue to rise.
While this could put pressure on earnings, spurring some companies to be less generous with dividends and stall their plans for growth, some analysts say pockets of opportunity can still be found in the local stock market.
