Analysts at JPMorgan (JPM) anticipate that 2026 will serve as a significant inflection point for Singaporean stocks, driven by a rotation of massive local cash reserves back into the equity market as global interest rates decline
JPM is confident in DBS (D05) due to its robust wealth management growth, leading to expectations of continued share buybacks or special dividends in 2026
The selection by JPM focuses on a mix of defensive income, with DBS (D05) for growth, Keppel (BN4) for sustainability, CityDev (C09) for real estate, CapLand IntCom T (C38U) for REITs, ST Engineering (S63) for diversification, SEA Ltd (SE) for e-commerce, Singtel (Z74) for telecom, while UOB (U11) and YZJ Shipbldg SGD (BS6) are placed on the less-favored list due to competition and volatility, respectively。。。
The top picks for 2026 highlight companies positioned to capitalize on key growth sectors such as digital finance, green energy, and real estate
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