0612 GMT - The next three-to-six months could be key to whether the benchmark FTSE Straits Times Index can consolidate above the 5000 level, says CMC Markets Singapore's Eugene Koh in commentary. The index's rise from 4000 to 5000 took less than 11 months, reflecting a re-rating of Singapore equities, says the sales trader. Bank stocks and structural policy reforms were the main drivers. The deployment of funds from the city-state's equities market development program, first-quarter corporate earnings and the dual-listing initiative between Singapore's stock exchange and the U.S.'s Nasdaq might provide important signals on STI's further gains. A pipeline of successful IPOs could indicate Singapore's attractiveness as a capital-markets venue is genuinely improving, he adds. The STI is up 0.5% at 5009.15. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

February 12, 2026 01:12 ET (06:12 GMT)

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