To The Moon

The Singapore Straits Times Index (STI) soared to a 17-year high, reaching 3,766 points on Tuesday. This achievement was fueled by a resurgence in financial stocks, which make up a significant portion of the index. Let’s explore what’s driving this rally, and how investors can leverage this momentum.

1. What’s Behind the STI Rally?

Key Drivers:

• Strong Financial Sector: Heavyweights like DBS, OCBC, and UOB rebounded strongly due to rising interest margins and robust earnings.

• Stable Economy: Singapore’s economic resilience, combined with its position as a financial hub, continues to attract global investors.

• Investor Confidence: A mix of foreign inflows and local market optimism is pushing the STI to new highs.

2. Opportunities in SG Stocks

DBS, OCBC & UOB Report Record Quarterly Net Profits | Traders' Insight

With the STI at record levels, here are some sectors and stocks to watch:

Banking:

• DBS (D05): Leveraging rising interest rates for higher net interest margins.

• OCBC (O39): Strong wealth management growth and regional exposure.

Real Estate Investment Trusts (REITs):

• CapitaLand Integrated Commercial Trust (C38U): Benefiting from the recovery in retail and office sectors.

• Mapletree Logistics Trust (M44U): Focused on logistics properties, gaining from e-commerce growth.

Consumer Goods:

• Wilmar International (F34): Diversified exposure to food and agriculture across Asia.

3. Have You Tried Contra Accounts?

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A contra trading account allows investors to trade SG stocks with deferred payment, maximizing opportunities during short-term rallies like this.

Advantages:

• Leverage Market Movements: Trade larger volumes without upfront capital.

• Quick Turnaround: Ideal for capitalizing on volatile market conditions.

Risks:

• Market Volatility: Losses can compound if stock prices move against your position.

• Short Settlement Period: Payments must be settled within a few days.

4. Cash Boost Account: A Tool for Growth

Cash Boost Account: direct access to A-share connect trading through Tiger Brokers

Investors with a Cash Boost Account can enhance their trading experience with features like:

• Higher Buying Power: Access additional funds for investments.

• Low Borrowing Costs: Leverage at competitive interest rates.

• Flexible Repayments: Manage cash flow effectively while participating in the market rally.

$Solidion Technology Inc.(STI)$ $STI.SI(STI.SI)$

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