Sheng Siong Group Likely to Gain From Latest Government Measures -- Market Talk
Dow Jones04-08 11:33
0333 GMT - Sheng Siong Group is likely to gain from the Singapore government's latest measures to support households amid the Middle East conflict, CGS International analysts say. Government vouchers will be given out in June 2026 instead of January 2027. As Singapore's government expects inflation to rise higher than its earlier forecasts, consumers will increasingly gravitate to value-for-money options, such as Sheng Siong. CGS International maintains an add rating on the stock, but raises its target price to S$3.40 from S$2.97. Shares are last 3.7% higher at S$3.08. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
April 07, 2026 23:33 ET (03:33 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
