0259 GMT - A firmer Singapore dollar amid higher inflation could boost the city-state's equities market performance, Citi analysts say in a note. The higher inflation outlook from rising oil prices could drive the Singapore central bank to tighten its monetary policy that it manages through a currency band, they say. This could result in a stronger Singapore dollar, which should boost capital flow to the city-state. This and liquidity boosts from the central-bank-led equity market development program keep the Singapore equities market well-supported, despite its benchmark index outperforming most Southeast Asian peers over the past six months in U.S. dollar terms, the analysts add. Citi's top picks include Seatrium, Genting Singapore, DBS Group and SATS. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
March 16, 2026 22:59 ET (02:59 GMT)
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