Market Review and Trends
Singapore stocks hit new highs while Chinese markets surge: Weekly Market Recap
By Beansprout  •  February 23, 2025
The Singapore Straits Times Index (STI) hit new highs while Chinese stocks surged. This week’s Money Diaries interview with a finance professional struck a chord. In the first of our new series on Singaporeans' financial habits, our guest shared how he taught himself to invest after his father lost his job 20 years ago. Realising he needed to grow his money beyond his salary, he now has 90% of his portfolio in Singapore stocks, generating around S$2,000 in monthly dividend income. While the Singapore Budget 2025 provided generous handouts like CDC vouchers and SG60 vouchers, nothing beats the ability to build long-term wealth through investing. Thankfully, Singapore is a great place for dividend investors. Just this week, UOB announced a special dividend, pushing its projected dividend yield above 6% for 2025. If you're looking to start investing, we’ve put together a comparison of the top brokers with the lowest fees to help you get started....
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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