J.P. Morgan raised its target for the Singapore stock market, strong economic growth and narrowing the valuation gap with similar assets in developed markets, supporting market prospects. Analysts, including Khoi Vu, said in the research report that under an optimistic scenario, the Straits Times Index is expected to rise to 7,000 points in the next 12 months. The target has 22% upside compared to Tuesday's closing point. J.P. Morgan analysts said, “A moderate and positive economic environment will continue to support earnings per share growth and free up fiscal space. High yields, stable exchange rates, and stock market development plans will help attract capital inflows.” Driven by geopolitical conflict safe-haven demand and market fluctuations caused by artificial intelligence, the Singapore stock market is trending strongly this year. The benchmark index rose more than 23% in 2026.

J.P. Morgan raised its target for the Singapore stock market, strong economic growth and narrowing the valuation gap with similar assets in developed markets, supporting market prospects. Analysts, including Khoi Vu, said in the research report that under an optimistic scenario, the Straits Times Index is expected to rise to 7,000 points in the next 12 months. The target has 22% upside compared to Tuesday's closing point. J.P. Morgan analysts said, “A moderate and positive economic environment will continue to support earnings per share growth and free up fiscal space. High yields, stable exchange rates, and stock market development plans will help attract capital inflows.” Driven by geopolitical conflict safe-haven demand and market fluctuations caused by artificial intelligence, the Singapore stock market is trending strongly this year. The benchmark index rose more than 23% in 2026.