The Straits Times Index (STI) hit a 17-year high of 3739.29 in November, boosted by strong bank performance and defensive stock characteristics amid global market volatility. Analysts attribute the rise to high dividend yields (4.9% in Asia-Pacific) and robust financial and real estate sectors. Predictions suggest STI may surpass its 2007 high of 3906.16 and reach 4000 points in 2025. Amid uncertainty from U.S. policy changes, Singapore’s stability attracts investors, supported by strong banking stocks and growth in the semiconductor-driven manufacturing sector.
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