Overview
The Singapore stock market has been one of the most resilient in Asia in recent years, thanks to the country’s strong economic fundamentals and sound regulatory framework. The city-state’s GDP grew by 4.8% in 2020, despite the global economic downturn caused by the COVID-19 pandemic. This growth is expected to continue in 2021, with the IMF forecasting a 5.5% expansion.
There are a number of factors that make Singapore stocks attractive to investors. First, Singapore is a highly developed country with a stable political and economic environment. This reduces the risks associated with investing in the country. Second, Singapore has a transparent and well-regulated capital market, which protects investors’ interests. Third, Singapore is home to a number of world-class companies, including banks, technology companies, and manufacturers. These companies offer investors the opportunity to participate in the growth of the Singaporean economy.
Best Singapore Stocks to Buy 2021
There are a number of different ways to identify the best Singapore stocks to buy in 2021. One approach is to look for companies that are expected to benefit from the country’s economic growth. Another approach is to look for companies with strong financial performance and a track record of innovation.
Based on these criteria, we have identified five Singapore stocks that we believe are worth considering for investment in 2021:
- DBS Group Holdings (DBSV.SI): DBS is the largest bank in Southeast Asia and one of the largest in the world. The bank has a strong track record of financial performance and is well-positioned to benefit from the growth of the Singaporean economy. DBS is also a leader in digital banking, which is a key growth area for the industry.
- Singapore Exchange Limited (SGX.SI): SGX is the operator of the Singapore stock exchange. The company has a monopoly on the Singapore stock market and is well-positioned to benefit from the growth of the Singaporean economy. SGX is also expanding into new businesses, such as derivatives and commodities trading.
- CapitaLand Limited (CAPL.SI): CapitaLand is one of the largest real estate companies in Southeast Asia. The company has a diversified portfolio of properties, including residential, commercial, and industrial properties. CapitaLand is well-positioned to benefit from the growth of the Singaporean economy and the increasing demand for real estate in the region.
- Singapore Airlines Limited (SIA.SI): SIA is the flag carrier of Singapore. The airline has a strong track record of financial performance and is well-positioned to benefit from the growth of the Singaporean economy. SIA is also a leader in the aviation industry, and is known for its excellent customer service.
- Sembcorp Industries Limited (SCI.SI): Sembcorp is a leading energy and water company. The company has a diversified portfolio of businesses, including power generation, water treatment, and waste management. Sembcorp is well-positioned to benefit from the growth of the Singaporean economy and the increasing demand for energy and water in the region.
How to Invest in Singapore Stocks
There are a number of different ways to invest in Singapore stocks. One way is to open a口座 with a Singapore-based broker. Another way is to buy Singapore stocks through a foreign broker.
If you are not familiar with the Singapore stock market, it is important to do your research before investing. You should also consider seeking advice from a financial advisor.
Conclusion
The Singapore stock market is a attractive investment destination for a number of reasons. The country has a strong economy, a sound regulatory framework, and a number of world-class companies. There are a number of different ways to identify the best Singapore stocks to buy in 2021, and we have identified five stocks that we believe are worth considering for investment.
Additional Resources
- Singapore Exchange
- DBS Group Holdings
- CapitaLand Limited
- Singapore Airlines Limited
- Sembcorp Industries Limited
Keywords
- Singapore stocks
- Best Singapore stocks
- Singapore stock market
- Investing in Singapore
- Singapore economy
Tables
Table 1: Key Economic Indicators for Singapore
| Indicator | 2020 | 2021 (forecast) |
|---|---|---|
| GDP growth | 4.8% | 5.5% |
| Inflation | 0.3% | 1.0% |
| Unemployment rate | 2.8% | 2.5% |
| Budget balance | -7.6% | -5.0% |
Table 2: Financial Performance of Selected Singapore Companies
| Company | Revenue (S$ million) | Net income (S$ million) |
|---|---|---|
| DBS Group Holdings | 15,386 | 4,665 |
| Singapore Exchange Limited | 1,003 | 392 |
| CapitaLand Limited | 15,366 | 1,033 |
| Singapore Airlines Limited | 14,755 | -1,116 |
| Sembcorp Industries Limited | 12,850 | 758 |
Table 3: Stock Prices of Selected Singapore Companies
| Company | Stock price (S$) |
|---|---|
| DBS Group Holdings | 33.80 |
| Singapore Exchange Limited | 10.24 |
| CapitaLand Limited | 3.75 |
| Singapore Airlines Limited | 5.19 |
| Sembcorp Industries Limited | 2.27 |
Table 4: Dividend Yields of Selected Singapore Companies
| Company | Dividend yield (%) |
|---|---|
| DBS Group Holdings | 3.5% |
| Singapore Exchange Limited | 3.9% |
| CapitaLand Limited | 2.7% |
| Singapore Airlines Limited | 0.0% |
| Sembcorp Industries Limited | 4.4% |
