Friday, August 20, 2010

DEUTSCHE BANK'S STOCK COMMENT - Money Mind

Singapore-listed companies delivered firm earnings growth in 2QCY10 but this was largely in line with our expectations. Out of our coverage universe, 36% of the companies delivered better-than-expected results, 38% were in line and 26% below forecasts. This compares to a 50:30:20 split in the previous tw...o quarters.Aggregate earnings were 8% above forecast.

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