Export-oriented companies such as semiconductor manufacturers may face reduced demand, lower revenues, and reduced profits due to falling exports. This could translate into lower stock prices and affect investor sentiment. Furthermore, Singapore's GDP growth rate could slow down, leading to a weaker currency and increased inflation levels. On the other side, some companies that rely less on exports and more on the domestic market, such as healthcare firms or real estate developers, may be less impacted.
doctorpot1 : if we adopt a dollar cost average strategy then these are irrelevant as we are supposed to trust the system and just buy in using a fix amount regularly. Riding the ups and the downs.
GodSpeed289 : First-quarter GDP is contracting with the export sector struggling and weighing on industrial output. The manufacturing sector is badly affected by slowed global growth momentum. Recovery of NODX likely tied to how quickly China’s recovery can take shape and whether the projected rebound in China is able to offset the expected weakness from the US economy. I would go for MMF and defensive stocks given the tough year ahead for 2023.
Jackosen : Export down means that our internal manufacturing output will decrease and also means less work which is not good for the economy.
ZnWC : Singapore slump export will have a negative impact on a company's revenue and profitability. This will be reflected on the earnings and hence share prices may be affected.
But Singapore stocks may still be optimistic. Investors see export slump as a global issue. As compared to some regions, Singapore's economy is relatively stable in long term. Buying Singapore stocks is still a safer haven to park their money.
I'll continue to invest in Singapore stocks especially on companies which has value. But I'll diversify my portfolio into US and China too. We can't avoid volatility hence need to avoid emotional trading such as fomo (greed) and panic sell (fear). Use FA and TA to made wise trading decision.