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Our 2026 picks: UOB Kay Hian — A different way of betting on the Singapore stock rally

Kwan Wei Kevin Tan
Kwan Wei Kevin Tan • 4 min read
Our 2026 picks: UOB Kay Hian — A different way of betting on the Singapore stock rally
Macquarie analysts Jayden Vantarakis and Hanel Tan say shares of Singapore’s largest broker can go up to $3.91 under their bull case estimate. Photo: The Edge Singapore
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It’s easy to feel like a kid in a candy store when you look at the Singapore market these days. The flagship Straits Times Index (STI) hit a record high of 4981.97 points on Feb 9, while the iEdge Singapore Next 50 index, which tracks the next 50 largest companies after the top 30 STI constituents, went up by over 27% last year.

Investors looking to bet on a sustained rally in 2026, however, may want to think laterally when picking stocks. After all, if you believe the market will do well overall, why split hairs trying to identify the winners? You should just go for the market intermediaries like UOB Kay Hian instead.

As Singapore’s largest broker by sales force, its growth potential in this market was already flagged by The Edge Singapore back in Jan 16, 2025. We maintain our view that this is a company investors should continue to watch.

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