UOB, UBS and Maybank see more Singapore stock gains after MAS’s S$6.5bn boost

Singapore equities are on track for their fifth consecutive quarter of gains, prompting private wealth managers to upgrade their outlooks as state-backed liquidity injections begin addressing long-standing valuation discounts. The benchmark Straits Times Index (STI) has climbed around 23% since the start of the year, supported largely by the Singapore Exchange’s (SGX) efforts to unlock value and develop the equity…

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