No, banks are gold

JPMorgan’s Latest PT For Banks! Would You Adjust Portfolio by Year-End?

JPMorgan Chase recently upgraded its ratings on Singapore’s three major banks and SGX, sending new signals to investors! It also forecasts $Straits Times Index(STI.SI)$ to reach 6,000 points over the next 12 months (previously 5,000 points). While DBS is highly valued, the trend is still upward; OCBC shows stable growth; UOB is better suited for patient investors. As 2025 comes to a close, are you ready to adjust your positions? Will you continue holding the three major banks? Is SGX a good choice for you? Do you expect the STI to reach 6,000 points?

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