0539 GMT - Trading activity on Singapore Exchange will likely remain at high levels over the six-month period ending June, UOB Kay Hian analysts Roy Chen and Heidi Mo write in a note. Cash equities are expected to maintain strong growth momentum, with efforts by Singapore's central bank and SGX, such as the SGX-Nasdaq dual-listing partnership, likely to continue to drive investor participation and market liquidity, they say. While macro and geopolitical uncertainties are likely to sustain strong demand for currency and commodity derivatives for hedging purposes, growth might slow due to last year's high base during the U.S.-China tariff war, they add. UOBKH maintains a hold rating on the stock but raises its target price to S$19.16 from S$17.30. Shares are 2.6% higher at S$18.03. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

February 09, 2026 00:39 ET (05:39 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.