- We maintain that any pullback in the STI, similar to that seen during the first fortnight of October, offers a buying opportunity, with attractive prospects in REITs and high-yield plays amid falling rates.
Improving Growth, Expanding Opportunity.
- - Read this at SGinvestors.io -
- With market earnings set to grow >7% pa (2026-2027) and Singapore offering one of Asia’s highest dividend yields, declining rates, a firmer S$, and easing US-China trade tensions could boost sentiment on Singapore equities.
Macro outlook remains constructive.
- We raised our 2025 GDP forecast to 3.0% (from 2.0%), supported by resilience in services and a rebound in electronics, though momentum is expected to ease as external demand softens amid tariff risks and a high 4Q24 base.
- - Read this at SGinvestors.io -
- We estimate 2025 GDP growth at 2.6%. Inflation continues to trend lower, and the MAS is expected to maintain policy settings through 1H26.
We expect the rate-cut cycle to continue.
- Read more at SGinvestors.io.
