I am surprised that the STI has managed to reach a new all time highs. Afterall, it has been rangebound for like a decade and most people only hold the 3 banks. I guess the optimism of avoiding a recession after trump’s liberation day announcement and then subsequently deals being reached has helped the Singapore market.


I hold OCBC, a handful of reits including Keppel dc and frenken. Both Keppel dc reit and frenken are the Singapore stocks that allow us to ride the AI wave. Data centres are in high demand in land scarce Singapore and the government is not allowing new data centres to be built, further driving up demand. So, no reason for it to not do well. Fraser’s Centrepoint holds many familiar malls and with shopping being the favourite pastime for Singaporeans, again there is no reason for it to not deliver. In fact both have already delivered good earnings in their latest reports. It is usually the dividend announced and its debt that will influence the stock price