近期的涨势主要由新加坡银行股上涨推动，分析师强调，尽管预期利率会下降，但银行仍有能力维持盈利能力。银行稳定的股息支付也吸引了投资者。Optimism towards Singapore banks has reignited, driving the overall market up, with the Singapore stock market expected to hit a historical high.
Zhìtōng Finance App noticed that optimism towards Singapore banks has reignited, driving the overall market up, with the Singapore stock market expected to hit a historical high.
The Straits Times Index rose 0.9% on Thursday, poised to surpass the closing price record set in October 2007. DBS Group Holdings Limited is one of the top gainers in this index, rising nearly 2% in the morning.
The recent uptrend is primarily driven by the rise in Singapore bank stocks, analysts emphasize that despite expected rate cuts, banks still have the ability to maintain profitability. The stable dividend payments of banks have also attracted investors.
The Straits Times Index has risen 18% year-to-date, making it the best-performing stock market in Southeast Asia.
IG Asia Pte's market strategist Jun Rong Yeap stated that despite banks' net interest margins narrowing, the pace is 'still gradual,' coupled with stable loan growth and deposit cost management, helping to ease some interest rate pressures.
The Monetary Authority of Singapore maintained its policy unchanged in October, this being its final decision for the year 2024. However, there is a growing expectation that the country's central bank will eventually join the global easing trend.
Yeap indicated that the main source of this optimistic sentiment may be the ability of large banks in Singapore to generate non-interest income. "The momentum of wealth management activities continues to support overall performance as banks continue to benefit from strong fund inflows from the region," he said.
