0304 GMT - Singapore's small- and mid-cap stocks could rise in 4Q after a recent pullback, says DBS Group Research. Fund deployment and anticipated set of measures to overhaul the local equity market are supporting the gains in these counters, analysts Kee Yan Yeo and Fang Boon Foo write in a note. Potential beneficiaries include iFAST Corp. and UMS Integration, while DBS expects their industrial sector picks, such as SIA Engineering, SATS and Seatrium, to deliver growth rates above the sector average. DBS maintains its year-end target for the Straits Times Index at 4430, pegging key support levels at 4250 and 4175. The STI hit a record intraday high of 4376.78 before paring some gains to 4374.41.(megan.cheah@wsj.com)
(END) Dow Jones Newswires
October 01, 2025 23:04 ET (03:04 GMT)
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