Capital Markets & Currencies
STI breaches 4,900; DBS, OCBC, UOL, Jardine Matheson end at record highs
The benchmark index rises 1.3% or 62.09 points to 4,923.02
UOBKH forecasts STI to hit 5,400 by end-2026; bets on EQDP boost, banking giants
The call follows a strong performance in 2025, during which the STI rose 22.7%
STI breaks 4,900 amid expectations for Fed to hold rates steady
The benchmark index closes at a record high as DBS and OCBC notched gains of at least 1%
UOL up 8% at highest price in two decades after JPMorgan target price upgrade
A UOL consortium has won the tender for a mixed-use site in Hougang Central
Stocks to watch: ST Engineering, MLT, KIT, OUE Reit, Low Keng Huat
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 27):
European shares settle higher with focus on earnings, monetary policy
Eyes will be on the Federal Reserve’s interest rate decision later this week
US stocks: Wall Street indexes close higher ahead of earnings, Fed meeting
Communications services was the biggest gainer
Banking trio ends lower, weighing on STI
Across the broader market, decliners outnumber gainers 310 to 259 after 1.6 billion securities worth S$1.7 billion change hands
Singapore dollar hits 11-year high against greenback
Singdollar breaches 1.27 level, its strongest since 2014, driven by intervention rumours
Malaysian ringgit hits highest since 2018 on AI, growth optimism
Malaysia’s growth momentum is expected to continue this year
