U.S.-Iran Deal by June Could Drive Rebound for Some Singapore Stocks -- Market Talk

Dow Jones15:22

0722 GMT - Singapore shares in oil-sensitive sectors such as real estate and aviation could rebound in the near term if the U.S. and Iran reach a deal soon to reopen the Strait of Hormuz, DBS Group Research says in a commentary. Its analysts' base case is for an agreement to be reached by June, which should result in Brent oil prices dropping below $90 a barrel. Further signs that the key energy shipping lane is reopening could boost property developers, real-estate investment trusts and aviation-related companies. Meanwhile, DBS recommends buying bank or technology shares during price pullbacks. Lenders are resilient in an inflationary environment without a recession, while artificial-intelligence demand should underpin tech stocks, they say. Front-month Brent crude-oil futures fall 3.9% to $99.47 a barrel. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

May 25, 2026 03:22 ET (07:22 GMT)

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