[Events] Singapore Stocks Hit 17-Year Peak – Are You On Board?
The Straits Times Index rose 0.7% on Monday, reaching its highest level since 2007, with an increase of over 12% year-to-date.
The prospect of interest rate cuts has boosted Singapore's Real Estate Investment Trusts (REITs), enhancing the appeal of high-yield markets. REITs have driven much of the growth, while strong dividend expectations and robust loan growth have supported bank stocks. Major Singapore banks have reached record highs, indicating confidence in the financial sector, which may attract more investment.
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🎁 Reward Details
All participants will receive 5 Tiger Coins. Additionally, there are chances to win the following rewards:
🍀 Lucky Trader: We will select the most interactive, insightful, or highly liked comment to receive a SGD 5 stock voucher.
👑 Profit King : One trader with the highest profit from their Singapore stock trade will receive a SGD 5 stock voucher.
⏰ Events Duration
From 24 September 2024 to 8 October 2024
Please leave a message in the comments section of this post . Make sure you include a screenshot of your position as well. $Tiger Brokers(TIGR)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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@TigerEvents @TigerStars @Tiger_SG @Tiger_comments
With the STI hitting an all-time high, how's your portfolio doing?
Share your best-performing SG stock in the TOPIC 'STI Hits ATH! What's Your Favorite STI Component Stock?' or leave comments under TigerEvents post for a chance to win tiger coins and stock vouchers! 🎉📈
Wonderful news for the $Straits Times Index(STI.SI)$, and I believe that with the soft landing of the US economy and the expectation of further FED rate cuts, the highly weighted bank stocks in the STI such as $DBS Group Holdings(D05.SI)$ $ocbc bank(O39.SI)$ $UOB(U11.SI)$ will continue to generate good returns, which will also benefit the $Straits Times Index(STI.SI)$ .
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