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Singapore s Top Stock of 2020 Faces a Rougher Ride Next Year
Singapore’s Top Stock of 2020 Faces a Rougher Ride Next Year Bloomberg 12/21/2020 Ishika Mookerjee (Bloomberg) Equity investors have given Singapore’s Sembcorp Industries Ltd. a big thumbs-up this year after it shed its loss-making marine unit. But 2021 may prove to be a lot less euphoric, according to analysts. The utilities firm is 2020’s top gainer on the benchmark Straits Times Index, after being the worst performer in the preceding five-year period. However, concerns over the economic recovery in some of Sembcorp’s biggest markets are emerging, adding pressure to further gains. © Bloomberg Sembcorp Industries has rallied after shedding its loss-making unit
Kwok wei chang
Terence chua
Morgan stanley mayank maheshwari
Sembcorp marine ltd
Phillip securities research pte
Singapore sembcorp industries ltd
Bloomberg sembcorp industries
Citigroup inc
Sembcorp industries
Straits times index
Sembcorp marine
Phillip securities research
Mayank maheshwari
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