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Nikkei Markets

Singapore company earnings show selective recovery

Domestic market benefits by comparison to others in region

SINGAPORE (Nikkei Markets) -- The strong showing by Singapore's banks during the latest earnings season has powered the domestic market in recent weeks but the patchy performance of companies in some other sectors is tempering the outlook for the rest of the year.

Although views on earnings quality and estimates of profit growth vary, there is broad consensus amongst brokerages on the groups of companies that are likely to do well in the months ahead.

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