Singapore Equities Unlikely Affected Much by U.S. Action on Venezuela -- Market Talk

Dow Jones
01/12

0145 GMT - Singapore equities are unlikely to be affected much in the near term by the recent U.S. intervention in Venezuela, even though the Southeast Asian country is a key oil trading hub, OCBC Investment Research's Ada Lim says in a note. The domestic equity market is far more diversified, as compared to a decade ago, and less susceptible to conflicts in oil producing countries, OCBC says. "Singapore also stands out as a regional safe haven," the analyst says. Among the companies OCBC covers, the bank sees a limited near-term impact on Seatrium, which offers engineering services to global offshore oil and gas projects. China Aviation Oil (Singapore)'s trading operations could gain from oil price-related volatility, it says.(amanda.lee@wsj.com)

 

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January 11, 2026 20:45 ET (01:45 GMT)

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