0040 GMT - Singapore's equity market has bullish foundations in place for 2026, given positive earnings growth prospects and funds flow momentum, UOB Kay Hian's analysts say in a research report. There are tailwinds from the MAS' Equity Market Development Programme and a return to earnings growth for stocks under the brokerage's coverage. The Singapore market may continue to attract fund flows given the prevalence of large-cap blue-chip defensive stocks with strong SGD-based cash flow generation and relatively high dividend yields. The brokerage forecasts the FTSE Straits Times Index to reach 5000 by end-2026 and its top large-cap picks include CapitaLand Ascendas REIT, CapitaLand Investment, City Developments, DFI Retail Group, Genting Singapore, Keppel, OCBC, and Sea. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
January 05, 2026 19:40 ET (00:40 GMT)
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