A year when “boring” got exciting again. The STI was up ~22% YTD by late December, helped by a stronger risk mood and renewed attention on Singapore equities.What did Tigers watch the most? In 2025, it largely came down to three themes: bank dividends + rate path, big corporate actions, and steady cashflow names.1) $DBS(D05.SI)$ +36.42% YTDDBS stayed in the spotlight because it combined record-scale profitability with a visible leadership transition. The bank’s 3Q25 profit before tax hit a record SGD 3.48b, and it kept dividends attractive (including a 75-cent quarterly dividend in late 2025).The market also priced in the next chapter: Tan Su Shan took over as CEO on March 28, 2025, and DBS’ aggressive AI push became a headline story.2)
2025 Recap: Which Opportunities Do You Regret Missing the Most?
2025 came to a close with global markets swinging between political shocks and technological breakthroughs. Trump’s return reignited policy uncertainty, AI competition reshaped capital allocation, gold rewrote history, and megacaps expanded the limits of imagination. Markets trembled under tariff threats — yet celebrated amid an unprecedented computing boom. Which event truly defines 2025 in your view? What trade taught you the most this year?
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