0701 GMT - Singapore equities remain the most defensive within Southeast Asia as the country is relatively better positioned in the region, Citi analysts say in a note. Singapore has a better net dividend yield proposition, they say, noting that the STI offers a 5% market yield. The yield's attractiveness is further boosted by its relatively stronger currency outlook, compared with regional peers, they add. "This firm currency outlook grants better confidence into the yield," the analysts say. Citi has a year-end target of 4125 for the Straits Times Index. The STI is 0.3% higher at 3976.17.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
March 27, 2025 03:01 ET (07:01 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。