Following a correction period in February, DBS Group Research sees the Straits Time Index (STI) picking up in the coming months, in-line with a strong March-April seasonal trend as well as an improved outlook for banks and upcoming ex-dividend period.

The STI has rebounded from a low of 2,870 in February as rising yields and an improved global pandemic outlook buoyed gains.

DBS Analysts Yeo Kee Yan, Woon Bing Yong and Janice Chua expect opportunities in S-REITs amidst the recent pullback.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook