"Historically, there is no clear evidence that general elections in Singapore impact the local stock market in any meaningful and lasting way," says Menon, citing results from the past three general elections in 2011, 2015 and 2020.
The Singapore stock market is unlikely to be significantly impacted by the results of this year's general elections, says Vasu Menon, managing director of investing strategy at Oversea-Chinese Banking Corporation (OCBC).
Singaporeans went to the polls on May 3, with the ruling People's Action Party (PAP) clinching 87 out of 97 seats and 65.57% of the vote share.
