CGS-CIMB Research analysts Lim Siew Khee and Jeremy Ng Choon Heng have maintained their estimate for the Straits Times Index (STI) at 3,488 points at end-2021.

The estimate, in a June 30 report, comes as the republic’s economic growth remains steady, with core inflation up. The property market has also remained strong, note Lim and Ng.

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