Broker: OCBC
Date of Report: 27 January 2026
Excerpt from OCBC report.
Report Summary
- US stocks rose on strong earnings, with the S&P 500 up 0.5% and gold reaching an all-time high above US\$5,100/oz amidst political and fiscal risks.
- Europe’s Stoxx 600 gained 0.2%, led by utilities, while Asia-Pacific markets saw mixed performances; Japan lagged due to a stronger yen.
- Singapore’s Straits Times Index fell 0.6%, with financials and REITs underperforming; concerns persist over retail sales leakage from upcoming transport link to Johor Bahru.
- Frasers Centrepoint Trust (FCT) filled vacant cinema spaces, raising committed occupancy to 99.9%. Shopper traffic and tenant sales grew, but leverage increased to 40.3%. Despite short-term uncertainties, OCBC maintains a BUY rating on FCT, citing mitigating factors like new housing supply and steady operational performance.
- OCBC’s latest research highlights key stock recommendations across Singapore’s major companies, with a focus on property, infrastructure, and REITs for 2026.
above is an excerpt from a report by OCBC. Clients of OCBC can be the first to access the full report from the OCBC website : https://www.ocbc.com
