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Singapore stock market is severely undervalued, say analysts

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Insiders now say that the local market is severely undervalued.

The STI ended the year down by 11.05 points, or 0.34 per cent, from the end of 2022.

PHOTO: ST FILE

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SINGAPORE – Compared with other markets, the Singapore market has been more subdued, with the Straits Times Index spending the last three months of 2023 range-bound between 3,050 and 3,150 points. 

The STI ended the year down by 11.05 points, or 0.34 per cent, from the end of 2022.

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