Broker Name: CGS International
Date of Report: January 30, 2026
Excerpt from CGS International report.
Report Summary
- The MSCI Singapore Free SGD index (SIMSCI) rose 3.77% month-on-month in January 2026, closing at 462.6 points, driven by gains in Consumer Staples, Financials, and Industrials sectors, despite some economic data missing estimates.
- Institutional investors were net buyers in the past month, focusing on Developers, Industrials, Financials, and Technology, while retail investors were net sellers. The construction sector is expected to be in an extended upcycle, and the technical outlook remains bullish with a near-term target of 470 points and a 6-month target of 482 points.
Above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website: https://www.cgsi.com
