Singapore stock market is a joke.. they keep paying dividends of 4-5% yearly but there is no incremental Capital gains... The best is only DBS ... All the other companies like Singtel, Capital Land, Singapore Airlines and REITs are still where they are 5 years ago and more .... This is why no one comes to SGX for IPO .... They need to stop giving dividends. There is no excitement element in STI ... which seems forever at 3000 level just like SSE .... people are not interested in stocks ... so when the property sector fails, you cannot turn to the stock market for capital returns... Singapore government should find a way to resolve the ailing Singapore stock market for their future going forward.... maybe the whole system need to be replaced in the Singapore stock exchange... the old guards are sitting too comfortably to think of a way out .. I am hoping well for Singapore...
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