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Credit Suisse: Buy Singapore on the dip, 12-month FSSTI target at 3,850

According to Credit Suisse, the recent 5% pullback in Singapore equity markets provides an attractive entry opportunity, with the bank setting the 12-month FSSTI target at 3,850 on and 2018 earnings growth of 15%. A pro-bank environment driven by rising SIBOR, positive sentiments in the property market and higher oil prices are driving a rebound in earnings — currently in…

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