From my perspective, JPMorgan’s
$JPMorgan Chase(JPM)$ upgrades confirm that Singapore’s financial sector remains healthy, and the STI still has room to climb. DBS
$DBS Group Holdings(D05.SI)$ continues to lead with strong dividends and capital strength, OCBC
$ocbc bank(O39.SI)$ looks increasingly attractive as a balanced GARP choice, while UOB
$UOB(U11.SI)$ may stay volatile but remains reasonable for patient holders.
SGX $SGX(S68.SI)$ being raised to Overweight stands out to me. With government support, improving IPO activity, and product innovation, its growth outlook looks more solid, and the potential for higher dividends makes it a useful addition to a diversified portfolio.
Whether STI can reach 6,000 will hinge on global rate trends, but the revised target strengthens the bullish view. For now, I’d hold the major banks and consider adding SGX as we head into 2026.
@Tiger_SG @Tiger_comments @TigerStars
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