bullish
Singapore Market Roundup (06-Jan-2025): DBS predicts 2025 STI at 3,950 points.
SUMMARY
- DBS predicts Singapore's STI to reach 3,950 points by 2025 and maintains a 'neutral' stance on SG stocks.
- DBS maintains a 'buy' rating on GVT and raises its target price to $1.04, citing improved front-end opportunities.
- Maybank considers increasing its holdings in Singtel, downplaying the benefits of consolidation in the telecommunications sector.
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