With the race narrowing between both candidates, market observers warn of volatility in the Singapore market
REGARDLESS of who wins the upcoming US presidential election, Singapore companies with a significant exposure to China’s markets are expected to be negatively affected in light of a potential escalation in trade tensions between the US and China.
However, Singapore-listed stocks in the semiconductor and manufacturing sectors could end up benefiting from the diversification of supply chains away from China.
Stocks with exposure to the clean energy and electric-vehicle sectors could also gain from a win by Democratic presidential candidate Kamala Harris, said market watchers.
