STI Hovering at 4,500: Is Singapore Set for a Breakout?

Singapore’s Straits Times Index (SGX: STI) just broke through 4,500, a level we haven’t seen in a decade that has investors buzzing. With rate cuts looming globally, and Singapore’s heavyweights posting strong results, many are asking: is this the STI’s long-awaited breakout after years of treading water? To answer that, we need to examine what’s driving the surge, and what could get in the way.What’s Driving the STI RallyThe STI’s strength stems from recovering REITs and steady industrial performance, thou ...