Broker Name: OCBC Group Research
Date of Report: 23 January 2026

Excerpt from OCBC Group Research report.

Report Summary

• Global equity markets experienced volatility amid geopolitical tensions and tariff threats, but US stocks rebounded after initial sell-offs. European equities logged their first weekly decline in six weeks, while Asian markets mostly recovered by week’s end.
• Suntec REIT’s FY25 DPU jumped 13.6% year-on-year, exceeding expectations, supported by lower finance costs and strong dividend contributions from its convention business. The REIT provided positive rental reversion guidance for FY26 and maintained a manageable leverage position.
• OCBC Group Research raised its fair value estimate for Suntec REIT to SGD 1.43 and maintained a HOLD rating, citing improved financials, a more favorable interest rate environment, and better alignment of interests post-management acquisition.
• The report also provides the latest research coverage of Singapore large caps, sector highlights, and market statistics, aiding investors in tracking the STI’s top stocks by market capitalization and investment ratings.

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 website: https://www.ocbc.com