This year, the Straits Times Index has been making headlines with impressive growth, marking an 18% increase from January up to December 3rd. Remarkably, the index has reached heights not seen since 2007, right before the onset of the Global Financial Crisis.
As I’ve closely monitored this surge, it’s been intriguing to witness a number of blue-chip stocks achieving either their yearly best or even historic highs. Not too long ago, I noted three Singapore blue-chip stocks that have reached fresh peaks over the last 52 weeks.
With an air of optimism still lingering, it seemed like a great opportunity to dive further into this trend. I decided to hone in on the top three performing blue-chip stocks in Singapore to assess if they’re likely to maintain their upward momentum into 2025.
Let’s unpack this further!
Focusing on the standout blue-chip stocks of Singapore as of December 13, 2024, Yangzijiang Shipbuilding emerges as a leading player.
