Singapore investors have had a good start to 2022. The bellwether Straits Times Index (SGX: ^STI), or STI, has managed to climb as high as 5.5% to 3,294.86, driven by the strong share price performance of the trio of local banks. As the world’s economy recovers, blue-chip stocks within the Singapore index could enjoy a much-needed respite. Consumer demand could start to increase as the year wears on, pushing up spending on goods and services. We could see a semblance of the return to pre-pandemic days as the outlook turns brighter. Back in April 2019, the STI hit a year-high of 3,407. As businesses adjust to the new normal, they should also start to report higher revenue and earnings. Could the STI shoot past the 3,400 mark and exceed its pre-COVID high? The dance of the heavyweights Source: FTSE Russell FTSE ST Index Series website Let’s take a methodical approach to see how the index can perform this year....