Singapore Stocks Likely to Benefit From Market Reforms

Dow Jones

Nov 19, 2024

Singapore stocks are expected to benefit from the country's market reforms, four members of Morgan Stanley's Research team say in a note. "New measures to strengthen Singapore's equities market will be announced in phases through 2025, likely delivering a much needed boost to trading liquidity and valuation multiples," they note. The U.S. investment bank's December 2025 target for MSCI Singapore Index target of 1900 implies a total return of 16% over the next 12 months. Morgan Stanley's 'Singapore Focus List' includes Singapore Exchange, UOB, Singtel, Sembcorp Industries, and CapitaLand Investment, and has overweight ratings for all four names. Morgan Stanley's target prices for Singapore exchange is S$14.31, UOB is S$36.80, Singtel is S$3.90, Sembcorp Industries is S$7.20 and CapitaLand Investment is S$3.95. (ronnie.harui@wsj.com)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2484953065"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2484953065\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2484953065?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-19 09:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2484953065","market":"sg","top_or_hot":-1,"title":"Singapore Stocks Likely to Benefit From Market Reforms","media":"Dow Jones","content":"<p>Singapore stocks are expected to benefit from the country's market reforms, four members of Morgan Stanley's Research team say in a note. \"New measures to strengthen Singapore's equities market will be announced in phases through 2025, likely delivering a much needed boost to trading liquidity and valuation multiples,\" they note. The U.S. investment bank's December 2025 target for MSCI Singapore Index target of 1900 implies a total return of 16% over the next 12 months. Morgan Stanley's 'Singapore Focus List' includes Singapore Exchange, UOB, Singtel, Sembcorp Industries, and CapitaLand Investment, and has overweight ratings for all four names. Morgan Stanley's target prices for Singapore exchange is S$14.31, UOB is S$36.80, Singtel is S$3.90, Sembcorp Industries is S$7.20 and CapitaLand Investment is S$3.95. (ronnie.harui@wsj.com)</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks Likely to Benefit From Market Reforms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks Likely to Benefit From Market Reforms\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-19 09:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Singapore stocks are expected to benefit from the country's market reforms, four members of Morgan Stanley's Research team say in a note. \"New measures to strengthen Singapore's equities market will be announced in phases through 2025, likely delivering a much needed boost to trading liquidity and valuation multiples,\" they note. The U.S. investment bank's December 2025 target for MSCI Singapore Index target of 1900 implies a total return of 16% over the next 12 months. Morgan Stanley's 'Singapore Focus List' includes Singapore Exchange, UOB, Singtel, Sembcorp Industries, and CapitaLand Investment, and has overweight ratings for all four names. Morgan Stanley's target prices for Singapore exchange is S$14.31, UOB is S$36.80, Singtel is S$3.90, Sembcorp Industries is S$7.20 and CapitaLand Investment is S$3.95. (ronnie.harui@wsj.com)</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0971096721.USD","symbol_name":"富达环球金融服务 A","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2484953065","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484953065","pubTimestamp":1731981480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0158 GMT - Singapore stocks are expected to benefit from the country's market reforms, four members of Morgan Stanley's Research team say in a note. \"New measures to strengthen Singapore's equities market will be announced in phases through 2025, likely delivering a much needed boost to trading liquidity and valuation multiples,\" they note. The U.S. investment bank's December 2025 target for MSCI Singapore Index target of 1900 implies a total return of 16% over the next 12 months. Morgan Stanley's 'Singapore Focus List' includes Singapore Exchange, UOB, Singtel, Sembcorp Industries, and CapitaLand Investment, and has overweight ratings for all four names. Morgan Stanley's target prices for Singapore exchange is S$14.31, UOB is S$36.80, Singtel is S$3.90, Sembcorp Industries is S$7.20 and CapitaLand Investment is S$3.95. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0971096721.USD":"富达环球金融服务 A","LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD","BK6110":"房地产经营公司","LU0762541174.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM2\" (USD) INC","LU0588545490.SGD":"Eastspring Investments - Asian Equity Income AS SGD","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","U11.SI":"大华银行","LU0048573645.USD":"富达东盟基金","BK4585":"ETF&股票定投概念","SG9999001127.SGD":"United Singapore Growth Fund SGD","LU0630378692.HKD":"HSBC GIF ASIA PACIFIC EX JAPAN EQ HD \"AM2\" (HKD) INC","LU0205439572.USD":"富达亚太股息基金","9CI.SI":"凯德投资","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","LU0315178854.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"A\" ACC","LU0877626530.USD":"FIDELITY ASIA PACIFIC DIVIDEND \"A\" (USD) INC MONTHLY (G)","IE00B12V2V27.USD":"柏瑞亚洲小盘股A(除日本)","LU2226123227.USD":"Janus Henderson Horizon Asia-Pacific Property Income A5m USD","LU2226123490.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A5m SGD","U96.SI":"胜科工业","Z74.SI":"新电信","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999013478.USD":"利安新加坡股息基金","LU0235996351.USD":"UBS (LUX) KEY SELECTION SICAV - ASIAN EQUITY (USD) \"P\" (USD) ACC","SG9999004253.SGD":"Nikko AM Shenton Global Property Securities SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","BK6139":"房地产运营公司","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","LU0878004406.USD":"UBS (LUX) KEY SELEC ASIA ALLOCATION OPPORTUNITY (USD) \"P\" (USD) INC","LU0737861269.HKD":"FIDELITY ASEAN \"A \" (HKD) ACC","LU0878005551.USD":"UBS (LUX) KEY SELEC ASIA ALLOCATION OPPORTUNITY (USD) \"P\" (USD) ACC","LU0261945553.USD":"FIDELITY ASEAN \"A\" ACC","LU2242652126.USD":"FIDELITY FUNDS GLOBAL DIVIDENDS PLUS \"A\" (USD) INC","LU0192582467.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" (USD) INC MF","LU1920063259.USD":"FIDELITY FUNDS GLOBAL DIVIDEND PLUS \"A\" (USDHDG) INC","S68.SI":"新加坡交易所","BK6523":"ESG概念","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4581":"高盛持仓","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD"},"translate_title":"新加坡股市可能受益于市场改革","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"Z74.SI":0.9,"U11.SI":0.9,"9CI.SI":0.9,"U96.SI":0.9,"S68.SI":0.9},"content_text":"Singapore stocks are expected to benefit from the country's market reforms, four members of Morgan Stanley's Research team say in a note. \"New measures to strengthen Singapore's equities market will be announced in phases through 2025, likely delivering a much needed boost to trading liquidity and valuation multiples,\" they note. The U.S. investment bank's December 2025 target for MSCI Singapore Index target of 1900 implies a total return of 16% over the next 12 months. Morgan Stanley's 'Singapore Focus List' includes Singapore Exchange, UOB, Singtel, Sembcorp Industries, and CapitaLand Investment, and has overweight ratings for all four names. Morgan Stanley's target prices for Singapore exchange is S$14.31, UOB is S$36.80, Singtel is S$3.90, Sembcorp Industries is S$7.20 and CapitaLand Investment is S$3.95. (ronnie.harui@wsj.com)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}