Sector-wise, Jaiswal rates consumer, industrials, real estate, transport, manufacturing and technology and industrial, office and overseas REITs sectors “overweight”. Meanwhile, financials, food products, healthcare REITs and telecommunications are rated “neutral”.
Unveiling RHB’s 2026 outlook for Singapore equities on Dec 22, analyst Shekhar Jaiswal identifies 24 stocks he is optimistic about while identifying two more that meet RHB’s investment strategy criteria, presumably of interest to investors.
Broadly speaking for RHB’s coverage universe excluding S-REITS, he forecasts market cap-weighted 2026 and 2027 earnings per share (EPS) to grow 7.1% and 5.8% respectively, accelerating from this year’s 2% estimate. For REITS (excluding the US), he expects market cap-weight distribution per unit (DPU) growth of 4% in 2026 and 3% in 2027, an “improvement” from this year’s estimated 1.9%.
