Last year’s 20 picks delivered a value weighted return of 159.9% and an equal-weighted return of 130.5%. The group’s picks outperformed the MSCI Singapore, which delivered only 26.8% returns, and the MSCI Small Cap Index, which returned a relatively meagre 43.0%.
While RHB Singapore’s 20 selected small- and mid-cap stocks for 2025 outperformed the overall market massively, Shekhar Jaiswal, the bank’s head of research, believes this performance may not repeat itself in 2026.
“Looking back at 2025’s Singapore edition, we were fortunate. We have had a very strong year,” he says.
