Broker Name: Lim & Tan Securities
Date of Report: 14 November 2025
Excerpt from Lim & Tan Securities report.

• Report Summary
• Sembcorp Industries’ short-term price trend is bullish, with technical indicators supporting further potential upside. The stock is trading within an Ascending Channel and its Relative Strength Index suggests room for more appreciation before reaching overbought levels.
• Near-term resistance is at S\$6.69, while support is at S\$6.29. The medium-term outlook is sideways, and the long-term trend remains bullish, with resistance at S\$7.35 and support at S\$5.90.

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