To The Moon

$JPMorgan Chase(JPM)$ recently upgraded its ratings on Singapore’s three major banks and SGX, sending new signals to investors! It also forecasts $Straits Times Index(STI.SI)$ to reach 6,000 points over the next 12 months (previously 5,000 points). While DBS is highly valued, the trend is still upward; OCBC shows stable growth; UOB is better suited for patient investors.Let’s check how JPMorgan expects for major banks and SGX!1. $DBS(D05.SI)$ DBS: PT raised to $70, and expected to reach “overvalued” by December 2026.Quarterly cash dividend commitment: SGD 0.66 per quarter in FY2025, SGD 0.72 per quarter in FY2026 (accounting for 82% of FY2027 EPS).Expected CET

(1) As 2025 comes to a close, are you ready to adjust your positions?: I am open to it though am not in an tearing hurry for the same. I have plans to exit some dud counters but I will do so as these counters either breakeven or give a decent return. (2) Will you continue holding the three major banks?: no doubt I will. In fact, I intend to add more of UOB & possibly OCBC too. (3) Is SGX a good choice for you?: Indeed, yes.  (4) Do you expect the STI to reach 6,000 points?: Yes, possibly by end 2026.

So far only bought dbs, ocbc and sgx. Will continue to add more for dividends.

🌟🌟🌟It is so amazing to know that a major global financial institution like $JPMorgan Chase(JPM)$ express strong confidence in the stability and growth prospects of Singapore's key financial players including the 3 major banks and SGX. JPMorgan's upgrades are a powerful affirmation of the conviction I held in these 4 stocks all along. Can the STI Index reach 6000? I believe that it is possible due to the expected increase in liquidity driven by the anticipated rate cuts by the Feds, which could push more funds into Singapore. Seeing Singapore's banks and SGX grow and thrive fills me with a special pride , knowing that I have been part of their journey as an investor. @Tiger_SG

sgx is a good bet in view of Singapore govt effort to grow the exchange

1. Yes I am ready to adjust positions in banks to increase 2. Yes banks are a key economic stock to hold 3. Yes $SGX(S68.SI)$ is a key bank stock 4. Yea the Singapore stock exchange will reach 6000 points

yes always adjust and will still hold bank

Higher price targets for banks and SGX will attract more interest looking for strong stocks. Can't wait to buy on dips but recent rally has sent prices rather high. Nice green for current portfolio anyway.

From my perspective, JPMorgan’s $JPMorgan Chase(JPM)$ upgrades confirm that Singapore’s financial sector remains healthy, and the STI still has room to climb. DBS $DBS Group Holdings(D05.SI)$ continues to lead with strong dividends and capital strength, OCBC $ocbc bank(O39.SI)$ looks increasingly attractive as a balanced GARP choice, while UOB $UOB(U11.SI)$ may stay volatile but remains reasonable for patient holders. SGX

No, banks are gold

JPMorgan has lifted its target price for DBS to S$70, citing the bank’s strong balance sheet, resilient earnings, and ability to sustain solid dividends ahead. With DBS trading around the mid-S$50s, the new target implies close to 30% upside over the next year. Despite softer rate expectations, DBS continues to deliver stable profits, healthy fee income, and attractive dividend yields. Analysts say its strong deposit base and disciplined capital management position the bank well going into 2026. Bottom line: DBS remains one of the most attractive income-plus-growth plays among Singapore banks, though valuations are richer — meaning investors may prefer gradual accumulation or holding for long-term dividends.

thanks for the sharing

(1) As 2025 comes to a close, are you ready to adjust your positions?: I am open to it though am not in an tearing hurry for the same. I have plans to exit some dud counters but I will do so as these counters either breakeven or give a decent return. (2) Will you continue holding the three major banks?: no doubt I will. In fact, I intend to add more of UOB & possibly OCBC too. (3) Is SGX a good choice for you?: Indeed, yes.  (4) Do you expect the STI to reach 6,000 points?: Yes, possibly by end 2026.

$JPMorgan Chase(JPM)$ recently upgraded its ratings on Singapore’s three major banks and SGX, sending new signals to investors! It also forecasts $Straits Times Index(STI.SI)$ to reach 6,000 points over the next 12 months (previously 5,000 points). While DBS is highly valued, the trend is still upward; OCBC shows stable growth; UOB is better suited for patient investors.Let’s check how JPMorgan expects for major banks and SGX!1. $DBS(D05.SI)$ DBS: PT raised to $70, and expected to reach “overvalued” by December 2026.Quarterly cash dividend commitment: SGD 0.66 per quarter in FY2025, SGD 0.72 per quarter in FY2026 (accounting for 82% of FY2027 EPS).Expected CET

🌟🌟🌟It is so amazing to know that a major global financial institution like $JPMorgan Chase(JPM)$ express strong confidence in the stability and growth prospects of Singapore's key financial players including the 3 major banks and SGX. JPMorgan's upgrades are a powerful affirmation of the conviction I held in these 4 stocks all along. Can the STI Index reach 6000? I believe that it is possible due to the expected increase in liquidity driven by the anticipated rate cuts by the Feds, which could push more funds into Singapore. Seeing Singapore's banks and SGX grow and thrive fills me with a special pride , knowing that I have been part of their journey as an investor. @Tiger_SG

From my perspective, JPMorgan’s $JPMorgan Chase(JPM)$ upgrades confirm that Singapore’s financial sector remains healthy, and the STI still has room to climb. DBS $DBS Group Holdings(D05.SI)$ continues to lead with strong dividends and capital strength, OCBC $ocbc bank(O39.SI)$ looks increasingly attractive as a balanced GARP choice, while UOB $UOB(U11.SI)$ may stay volatile but remains reasonable for patient holders. SGX

So far only bought dbs, ocbc and sgx. Will continue to add more for dividends.

JPMorgan has lifted its target price for DBS to S$70, citing the bank’s strong balance sheet, resilient earnings, and ability to sustain solid dividends ahead. With DBS trading around the mid-S$50s, the new target implies close to 30% upside over the next year. Despite softer rate expectations, DBS continues to deliver stable profits, healthy fee income, and attractive dividend yields. Analysts say its strong deposit base and disciplined capital management position the bank well going into 2026. Bottom line: DBS remains one of the most attractive income-plus-growth plays among Singapore banks, though valuations are richer — meaning investors may prefer gradual accumulation or holding for long-term dividends.

sgx is a good bet in view of Singapore govt effort to grow the exchange

1. Yes I am ready to adjust positions in banks to increase 2. Yes banks are a key economic stock to hold 3. Yes $SGX(S68.SI)$ is a key bank stock 4. Yea the Singapore stock exchange will reach 6000 points

Higher price targets for banks and SGX will attract more interest looking for strong stocks. Can't wait to buy on dips but recent rally has sent prices rather high. Nice green for current portfolio anyway.

yes always adjust and will still hold bank

No, banks are gold

thanks for the sharing