Singapore Brokerages Raise STI Targets on Earnings Strength
Consensus 12-month forecast now sits at 6,140 points as corporate fundamentals catch up with macro optimism, reflecting a shift from valuation-driven to earnings-driven gains
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Consensus 12-month forecast now sits at 6,140 points as corporate fundamentals catch up with macro optimism, reflecting a shift from valuation-driven to earnings-driven gains

The Straits Times Index surged 24 per cent this year, but three banks drive almost all the gains - leaving investors with an incomplete picture of the city-state's equity market.

SIA carried 3.7 million passengers in July while Elite UK Reit locks in £50 million facilities; Koh Brothers faces S$57.6 million in legal claims ahead of mainboard vote

DBS, OCBC and UOB now represent nearly 60 percent of the Straits Times Index as wealth management and productivity-driven earnings attract institutional capital

Singapore's largest defense conglomerate reported S$512.1 million in net profit for the first half, driven by stronger margins across all operating divisions

The Singapore-based pawnbroker posted net profit of S$52.5 million in H1 2026, fueled by expanding loan books and gold retail volumes across Southeast Asia.

The Wall Street bank sees the Straits Times Index climbing 22 percent over twelve months as fiscal strength, stable currency, and market development programs draw capital to the city-state.

DBS identifies deep-value opportunities across conglomerates and property firms as asset monetisation gains momentum in the city-state.

The actively managed fund fills a gap in the market, offering access to mid-sized companies beyond the city-state's blue-chip benchmark with an initial offer at S$1 per share.

Singapore conglomerate's unusual US$0.36-per-share equity transfer marks first such move in group's capital management playbook

Singapore's largest supermarket chain faces growth moderation as government support scheme winds down in December

New research reveals fewer than one in seven STI constituents offer investors structured multi-year targets, complicating valuation and strategy assessment

Digital wealth platform reports 35% profit jump while offshore marine group forecasts material improvement ahead of July 31 results