Singapore market has seen further consensus earnings upgrades so far in March, driven by the transport sector, says Credit Suisse. Broker says consensus 12-month forward earnings raised by 1.7% so far in March, follows on from February’s 3% upgrade.
“The transport sector again saw the highest upgrade (+8%), primarily driven by upgrades for Singapore Airlines (C6L.SG) and Neptune Orient Lines (N03.SG).”
