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Tuesday, July 28th, 2026

10 SGX Stocks to Watch as Investors Eye Market Rotation Beyond AI Chipmakers

Broker Name: OCBC Group
Date of Report: 28 July 2026

Excerpt from OCBC Group report.

Report Summary

  • Ideas of the Day: OCBC Group highlights several actionable BUY calls with target prices, focusing on Singapore and Hong Kong stocks.
  • SIA Engineering Co Ltd (SIE SP): BUY, Target Price SGD 3.85
  • OUE REIT (OUEREIT SP): BUY, Target Price SGD 0.410
  • Keppel DC REIT (KDCREIT SP): BUY, Target Price SGD 2.86
  • Parkway Life REIT (PREIT SP): BUY, Target Price SGD 4.80
  • China State Construction Intl (3311 HK): BUY, Target Price HKD 9.18
  • China Railway Group (390 HK / 601390 CH): BUY, Target Price HKD 4.19 / CNY 5.45
  • Seatrium Limited (STM SP): BUY, Target Price SGD 2.79
  • Q&M Dental Group (QNM SP): BUY, Target Price SGD 0.76
  • Key Theme: OCBC Group prefers Asia for defence stocks, with selective opportunities emerging in Europe. Investors are advised to focus on fundamentals and execution ability for contractors in the sector.
  • Implications: The listed stocks offer actionable BUY calls with price targets, suggesting potential upside for investors seeking medium-term growth. The recommendations are based on OCBC Group’s fundamental outlook within a 12-month horizon.

Above is an excerpt from a report by OCBC Group. Clients of OCBC Group can access the full research report from the broker’s website.

OCBC Group research website