Could the Straits Times Index (STI) really hit 10,000 by 2040? That was the headline-grabbing projection from DBS, one that drew plenty of raised eyebrows, a few hopeful nods, and a lot of keyboard economists.
In the latest Mark to Market from The Business Times, senior correspondent Ben Paul examines the logic behind the number and what it might reveal about a changing narrative in Singapore’s market. Because beneath the bullish forecast lies something more interesting: a quiet shift in sentiment that could redefine how investors see Singapore stocks.
Why listen
Paul breaks down what this turning point could mean for investors and companies alike:
- The big call: Why DBS’s long-term view on Singapore’s GDP, currency and equity market may not be as far-fetched as it sounds.
- The catalysts: From AI-driven productivity to mega-projects like Tuas Port and Changi Terminal 5 how structural change could reignite growth.
- The catch: Why investors need to think beyond dividends, and why complacency could be the biggest risk in a rising market.
- The shift: How Singapore’s story might finally be moving from defensive to dynamic and what that means for valuations, Reits and the STI’s next generation of listings.
Forecasts are rarely gospel, but they can be useful mirrors of confidence. After years of neglect, Singapore’s stock market might just be rediscovering its swagger.
So, is STI 10,000 really impossible or simply inevitable?
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