UOB Kay Hian lists H1 2022 'overweight' sectors and stocks
The top two sectors were consumer and financials.
UOB Kay Hian (UOBKH) released its analyst views from the first half of 2022 (H1) 2022 Analyst Week webinars on 20 January.
One of the highlights of the webinars is the discussion of the sector and stock weightings in the Straits Times Index.
According to UOBKH, the 'overweight' or strong sectors and stocks included consumers, financials, land transport, property, REITs, shipyards and industrials, and technology.
Meanwhile, those in the market weight were aviation, gaming, healthcare, plantations, and telecommunications.
Overall, UOBKH forecasted earnings per share growth for most sectors posted above at 29% in 2022.
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