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Can Singapore equities sustain momentum?

Carmen Lee
Carmen Lee • 5 min read
Can Singapore equities sustain momentum?
On balance, most sectors will continue to do reasonably well in the coming 12 to 18 months. Some of the key earnings drivers will come from AI, regional expansion, greater wealth inflows into the country and high construction activity. Photo: Bloomberg
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Rising share prices on higher trading volume are among the classic indicators favoured by market participants, reflecting healthy price momentum and increasing interest..

This is exactly what has played out in the Singapore market in the last 15 months since the Equity Development Programme (EQDP) was launched in February 2025.

Fifteen months on, the average daily trading volume on the Singapore Exchange jumped to 2,130 million units in May 2026 (as of 19 May 2026), a 54% increase over the average in 2025.

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