Broker Name: OCBC Group Research
Date of Report: 23 January 2026
Excerpt from OCBC Group Research report.
Report Summary
- Global equity markets were mostly flat to slightly negative for the week, with volatility driven by geopolitical tensions and tariff threats, but the US stock market rebounded as risks eased.
- Suntec REIT delivered strong FY25 results, with distribution per unit (DPU) rising 13.6% year-on-year, exceeding expectations; the outlook is positive with improved rental reversions and manageable leverage.
- Singapore’s Straits Times Index (STI) gained 1.3% for the week, with financials outperforming, while market turnover increased and overall investor sentiment remained resilient.
- OCBC Group Research maintains a HOLD rating on Suntec REIT, raising its fair value estimate to SGD 1.43 due to a healthier financial position and improving office market prospects.
- The report provides a summary of key STI component stocks, their market capitalizations, and OCBC’s latest research recommendations.
Above is an excerpt from a report by OCBC Group Research. Clients of OCBC Group Research can be the first to access the full report from the OCBC Group Research website: https://www.ocbc.com
