0430 GMT - Singapore equities are likely to post muted market performance, as Macquarie analysts pencil in a year-end target of 4500 for the FTSE Straits Times Index target. Banks, which account for about half of the benchmark index, are likely to be a drag rather than a driver, as revenues face pressure from lower interest rates following two years of strong performance, the analysts say. However, liquidity remains a key upside risk for the index, as it could drive further yield compression. The FTSE Straits Times Index is last 1.1% higher at 4733.01. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

January 05, 2026 23:30 ET (04:30 GMT)

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