[SINGAPORE] The Monetary Authority of Singapore’s recent initiatives to revive the local bourse have injected fresh optimism into the equity market, lifting valuations of undervalued small and mid-cap stocks.
But such reratings may not hold if they rest only on liquidity and cheap valuations. To remain on investors’ radar, these counters must show measurable results that justify rising expectations.
Without consistent performance, small and mid-caps risk missing out on the rising tide of investor interest, repeating the cycle of early excitement followed by fading confidence.
