IT HAS been “a year of two halves” for the Singapore market in 2024.
While the local market remained relatively stable in the first half of this year, it saw a sharp rally in the second half, with the Straits Times Index (STI) posting its best performance since 2017. The benchmark index is up more than 16 per cent year to date, generating total returns of close to 23 per cent with dividends reinvested.
While the Singapore market is unlikely to see a similar performance in 2025, analysts said that it will remain stable going into the new year.
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