Investors Should Buy Singapore's Straits Times Index on Pullback to Support Level -- Market Talk

Dow Jones03-06 14:14

0614 GMT - Investors should buy the FTSE Straits Times Index when the benchmark falls toward its technical support range of 4760-4800, say DBS Group Research's Kee Yan Yeo and Fang Boon Foo in a note. They expect the Middle East conflict to be short-lived and not lead to major market disruption. Attractive dividend yields and the city-state's safe-haven status should support its equity market and cushion it from market volatility, they say. DBS raises its end-2026 STI target to 5250. The FTSE Straits Times Index rises 0.15% to 4854.06. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

March 06, 2026 01:14 ET (06:14 GMT)

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