Singapore's Straits Times Index Could Reach 6500 in Bull Scenario -- Market Talk

Dow Jones
Feb 03

0549 GMT - Singapore's benchmark FTSE Straits Times Index could reach 6500 points in a bull scenario, say J.P. Morgan Securities analysts in a note. The STI has continued to hit fresh highs each week, driven by upbeat earnings outlooks and high dividends, they say. A strong Singapore dollar and the city-state's status as a safe haven amid global geopolitical uncertainties also serve as drivers. The record rally could extend given development of Singapore corporates' value-unlock initiatives, which could enhance return on equity and flows, they say. Global funds also likely still have light positions in Singapore stocks, they add. The STI is up 0.9% at 4937.91 after notching a fresh intraday high of 4944.06. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

February 03, 2026 00:49 ET (05:49 GMT)

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

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

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10