Commentary: Singapore’s stock market is waking up and the hard part starts now
Mihai Prelipcean
There has been a stock market revival on the back of measures announced by a review group, but that is not the same as reinvention, says former editor and financial journalist Ven Sreenivasan. SINGAPORE: The Singapore stock market, long criticised for being moribund, has finally woken up. The benchmark Straits Times Index (STI) hit multiple record highs this year. Much of the rally was driven by the banks and other blue chips, although the next tier of companies – usually referred to as the mid-
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