Singapore consumer-staples stocks and suburban retail REITs could benefit from the government's latest support measures for households amid the Middle East conflict, RHB Research's Shekhar Jaiswal says. Vouchers should lift spending on essential goods, neighborhood food-and-beverage outlets and daily-needs retailers. RHB prefers names such as Sheng Siong Group, citing its wide heartlands store network. It also notes Frasers Centrepoint Trust, whose suburban malls include supermarkets and F&B tenants. (amanda.lee@wsj.com)
Singapore Consumer Staples to Benefit From Government Measures — Market Talk
Earlier from Sheng Siong
- Sheng Siong Group Likely to Gain From Latest Government Measures — Market Talk
- Sheng Siong Group Posts FY Net Profit S$149.2 Million
- Sheng Siong Redesignates Fan Hongbo As CFO
- Sheng Siong Group: Strong revenue and profit growth in 3Q FY2025, supported by network expansion and stable margins