Maybank lowered the Straits Times Index (STI) year-end target to 5,500 points.
The downgrade is due to EPS estimate cuts caused by higher energy costs from the US-Iran war.
Maybank highlights 'contamination risk' from poor IPO debuts.
Key Facts
01
01 — What / Thesis
Maybank lowers 2026 STI target to 5,500 points
02
02 — Who / Subject
Maybank Securities
03
03 — Where / Locus
Singapore
04
04 — When / Temporality
June 30, 2026
AI Verification Note
This article is generated by cross-referencing multiple sources and official announcements. Parts relying solely on testimony or reporting are reflected in the confidence score; content and assessment are updated as new information is confirmed.