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% in January 2026, with a positive outlook and a near-term target of 470 points, supported by strong sector performance in Consumer Staples, Financials, and Industrials.
• Despite the market uptrend, some economic data missed expectations, such as a slower export growth and mixed property/rental trends, but institutional investors showed net buying, especially in Developers, Industrials, Financials, and Technology, while retail investors were net sellers.

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.cgs-cimb.com/sg/en/