Singapore Equities Poised for Strongest Monthly Performance Since 2020 Driven by Bank Surge

TigerNews SG

6小时前

Singapore's stock market is poised to achieve its most impressive monthly performance in nearly six years, driven by a surge in bank stocks.

The Straits Times Index has advanced 9% during July, placing it on track for its strongest monthly gain since November 2020.

Major contributors to the index's rise include DBS Group Holdings Ltd. and Oversea-Chinese Banking Corp., both of which have delivered double-digit percentage gains this month.

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