Singapore
UOBKH SAYS FINANCIAL SECTOR BIGGEST WINNER FROM BUDGET, GIVES OVERALL TOP PICKS
[SINGAPORE] The financial sector is likely to be the “most identifiable market beneficiary” of this year’s Budget, said UOB Kay Hian (UOBKH), noting that the Finance Minister Lawrence Wong’s speech did not have any “major surprises”. The brokerage forecast the Straits Times Index (STI) to hit 5,400 points by the end of the year, maintaining a “bullish” outlook on it and the Singapore equities market. That target implies a 7.6 per cent upside from current levels, UOBKH said in the note, adding that Bloomberg consensus target prices would result in an STI target of 4,900. “PM Wong outlined several key measures that should bode well for the Singapore stock market,” said UOBKH on Friday (Feb 13). It noted the S$1.5 billion deployments towards the Financial Sector Development Fund and a second Anchor Fund as positive drivers. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/uobkh-says-financial-sector-biggest-winner-budget-gives-overall-top-picks (ICE SINGAPORE)
Fonte notizia: The Business Times, 19 February 2026
