 |
| Source: BT 5 May 2026 |
I was interviewed by The Business Times earlier. Here's the my personal opinion about the SG market rally.
Yesterday, Ranamita Chakraborty's piece—"Singapore Equities Market is Buzzing: Market Participants Hope It Will Last"—went live.
I was honored to be one of those participants. But "hope" is not an investment strategy.
In my full Conviction Compass newsletter, I expand on what I told BT.
Three structural shifts, not sentiment, are propping up this rally:
1. More listings are arriving and investment seminars.
For years, the complaint was "nothing new." That is changing. I am seeing more genuine, earnings-backed issuers eyeing SGX than since 2012. That builds a real floor.
2. Value-Up programs are gaining teeth.
More listed firms are explicitly connecting their strategy to shareholder returns—not just generic slides. That alignment builds trust. Trust builds lasting markets.
3. MAS EQDP is the quiet conductor.
Not cheerleading—engineering. The Equity Development Programme is deepening stakes and reducing friction. It's the reason institutional shadows are returning.
Will the buzz last?
Not every day. But the scaffolding is finally there.
👉 Read my full breakdown in Conviction Compass :https://bit.ly/ericshareEP49_BT_SGRally