3Wk·

Singapore stock market

I'm currently doing some research on dividend stocks in Asia. As I am currently only invested in Japan but would like to expand my Asian holdings a bit more, I have looked around in another country that is certainly not uninteresting in terms of equities and also does not carry too much country-specific risk (like China, for example) .... namely SINGAPORE 🇸🇬.

And what is Singapore so well known for ... its financial sector, of course. Now the $D05 (-1.93%) is already quite well represented in the community here, so naturally it also made the list. But there are also $U11 (-0.45%) and $O39 (-0.39%) are also on my list. Are there already investors here who are invested in one of the stocks or what else do you think about the two banks? An alternative to $D05 (-1.93%) ? Or do you have other stocks from the city state in your portfolio?

5 Comments

All-in-or-nothing@All-in-or-nothing

3Wk

$BN4 perhaps an option for you apart from the banks from Singapore?

•

Kai@Dividenden-Sammler

3Wk

@All-in-or-nothing I didn't know either until now. I think it's almost normal with Asian stocks that you're not so familiar with them compared to Europe and America. But I am already well positioned in the industrial sector (5 stocks in total - 1 Asia with $8001 ) but I am still missing something in the financial sector (only 2 stocks in total - both Japan) as well as in Asia (only 2 stocks in total - none from Asia). That's why Singapore and banking or insurance/stock exchange/equity or something like that would fit like a glove. But thanks for the suggestion - certainly a good alternative if I wasn't already well represented in the sector.

•

deadcamel@deadcamel

3Wk

$S68 is also a possibility. It's gone quite well over the last few months

•

Kai@Dividenden-Sammler

3Wk

@deadcamel the stock exchange company is also not wrong and would also fit into the financial sector. I already have one from the USA, but I'll definitely have a look at it.
I don't have any banks in my portfolio yet and that's certainly the sector that people think of first in Singapore.

•

deadcamel@deadcamel

3Wk

@Dividenden-Sammler Yes, there is great interest in a good stock market culture, especially in Singapore, which is also supported by tax incentives, simplified regulation, etc.
My ulterior motive is also that, depending on what happens in China over the next few years, there may also be companies that go public in Singapore rather than Hong Kong.
So I can definitely recommend this stock for your watchlist👍

•