🚀 DBS and SGX Break Records! What’s the Next SG Stock to Rally?
Singapore's market is lighting up 🔥
SGX hit an all-time high last week, and DBS just followed suit, breaking past long-standing resistance and pulling the STI closer to a multi-year peak.
So… what's next? Is it too late to ride the wave — or are there still golden stocks quietly setting up for their breakout? Let’s dive in 👇
📊 Recap: Blue-Chip Momentum Picking Up
$S68(SGX) has surged on the back of strong derivatives volume and institutional inflows. Global macro volatility = more hedging = more SGX revenue 📈
$D05 (DBS) caught fire this week, riding tailwinds from higher-for-longer rate expectations, strong dividend signals, and resilient loan growth
$U11 (UOB) and $O39 (OCBC) are also gaining, though slightly lagging behind DBS's pace
> Institutional demand is growing — but retail interest is heating up too. When both align, momentum can extend longer than expected.
🏦 Still Upside for DBS or Toppy Now?
DBS looks powerful here, but after such a strong run, we may see consolidation near $36.40–36.60. That said, the dividend appeal remains unmatched, and any pullback toward $35.20–35.50 could be a gift.
Key levels to watch:
$36.60 = near-term resistance
$35.20 = high-conviction buy zone
If earnings season confirms strength, DBS may be setting up for a post-earnings re-acceleration. 💡
🟨 Golden Opportunities: Which SG Stocks Could Catch Up?
Here are 3 SG names I’m eyeing as next-in-line breakout candidates:
1. $ocbc bank(O39.SI)$ (OCBC)
Solid balance sheet, defensive income, and not yet at ATH. Looks like it’s coiling for a move — watch for breakout above [placeholder].
2. $CapLand Ascendas REIT(A17U.SI)$ (Ascendas REIT)
Rates are stabilising, and quality REITs are seeing accumulation. AAREIT offers exposure to logistics and tech parks — a good hedge if growth stocks soften.
3. $Singtel(Z74.SI)$ (Singtel)
The sleeping giant. With regional telco operations and a digital pivot in play, Singtel looks underloved. If it breaks above [placeholder], this could become a rotation story fast. ⚡
🧭 My Watchlist and Plan This Week
Holding DBS core, but trimming short-term into strength
Watching $O39 and $Z74 for breakout volume and confirmation
REITs (like $M44U and $C38U) are on my radar if bond yields dip again
> Momentum is real — but discipline matters more. I’m not chasing candles. I’m stalking setups with conviction.
💬 What’s Your SG Pick for This Week?
Which SG stock do you think is next to break out?
Would you still buy $D05 (DBS) here — or wait for a pullback?
👇 Let's chart it out together. Share your watchlist or setups below!
@Daily_Discussion @TigerStars @Tiger_comments @TigerEvents @TigerWire
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- Porter Harry·2025-07-08Singapore’s stocks are a hot topic in the community, and I’m waiting for the chance to buy in.🐂LikeReport
- happygo·2025-07-08Incredible insights! Can't wait to see what's next! [Wow]LikeReport
- Kristina_·2025-07-08Well said!!!![Lovely]LikeReport
- NewmanGray·2025-07-08Great analysisLikeReport
