Singapore Exchange Set to Benefit From Safe-Haven Appeal -- Market Talk
Dow Jones
Jun 11
0301 GMT - Singapore Exchange's strong trading momentum is likely to be supported by inflows into the city-state, which is increasingly seen as a haven amid the Middle East conflict, says DBS Group Research analyst Rui Wen Lim in a report. The exchange operator's securities daily average value in May rose 79% from a year earlier to 2.41 billion Singapore dollars, the highest level since October 2007. DBS has a buy rating on the stock and a target price of S$22.50. Shares are 0.3% higher at S$21.77.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
June 10, 2026 23:01 ET (03:01 GMT)
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