This post is a follow up from my earlier post about the MSCI Singapore rebalancing (MSCI Singapore Index Rebalancing Impact on Stocks)Quick recap: MSCI announced a rebalancing of the MSCI Singapore and MSCI Singapore Small-Cap indices resulting in the trading idea of buying the additions and shorting the deletions. In particular, I highlighted that the impact from the MSCI Singapore changes would be...
Fortitude Budget measures Cash grant to be distributed to landlords who will then pass this on to their SME tenants. Retail tenants to get ~0.8 months of rent in addition to the property tax rebate passed on to them previously. This will amount to ~2months of rental support in total. Industrial and Office tenants to get ~0.64 months of rent; total of ~1...
Following on from my previous post about why hospital and clinic stocks aren't doing as well as expected, we shift our attention to listed glove makers. Since the Covid-19 pandemic, glove makers have soared, as shown in the chart below. My article aims to explain the strong performance of glove makers and also highlight certain risk factors that investors should be comfortable with...
