Narrative Update • Jun 10

Over the last 7 days, the market has dropped 1.4%, driven by a pullback of 1.9% in the Financials sector. As for the longer term, the market has actually risen by 25% in the last year. Earnings are forecast to grow by 7.0% annually.
Has the Singaporean Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Jun 2026 | S$944.3b | S$536.0b | S$58.2b | 14x | 16.2x | 1.8x |
| Mon, 11 May 2026 | S$952.9b | S$531.4b | S$60.0b | 14.6x | 15.9x | 1.8x |
| Wed, 08 Apr 2026 | S$948.3b | S$533.5b | S$60.4b | 14.2x | 15.7x | 1.8x |
| Fri, 06 Mar 2026 | S$926.1b | S$536.4b | S$56.7b | 14x | 16.3x | 1.7x |
| Sun, 01 Feb 2026 | S$928.8b | S$561.2b | S$55.7b | 15.2x | 16.7x | 1.7x |
| Tue, 30 Dec 2025 | S$883.5b | S$562.1b | S$55.2b | 14.7x | 16x | 1.6x |
| Thu, 27 Nov 2025 | S$864.4b | S$563.7b | S$55.1b | 14.8x | 15.7x | 1.5x |
| Sat, 25 Oct 2025 | S$852.3b | S$564.7b | S$56.5b | 14.8x | 15.1x | 1.5x |
| Mon, 22 Sep 2025 | S$830.9b | S$562.7b | S$56.3b | 14.5x | 14.8x | 1.5x |
| Wed, 20 Aug 2025 | S$800.2b | S$554.1b | S$55.2b | 13.7x | 14.5x | 1.4x |
| Fri, 18 Jul 2025 | S$788.3b | S$543.1b | S$51.1b | 13.1x | 15.4x | 1.5x |
| Sun, 15 Jun 2025 | S$737.9b | S$542.7b | S$51.3b | 12.5x | 14.4x | 1.4x |
| Tue, 13 May 2025 | S$731.8b | S$551.2b | S$47.6b | 12x | 15.4x | 1.3x |
| Thu, 10 Apr 2025 | S$651.1b | S$556.9b | S$47.6b | 10.7x | 13.7x | 1.2x |
| Sat, 08 Mar 2025 | S$733.5b | S$554.7b | S$48.8b | 11.7x | 15x | 1.3x |
| Mon, 03 Feb 2025 | S$724.4b | S$546.6b | S$43.5b | 12x | 16.7x | 1.3x |
| Wed, 01 Jan 2025 | S$714.5b | S$547.8b | S$43.6b | 11.8x | 16.4x | 1.3x |
| Fri, 29 Nov 2024 | S$707.1b | S$544.8b | S$43.5b | 11.5x | 16.2x | 1.3x |
| Sun, 27 Oct 2024 | S$697.4b | S$536.7b | S$43.9b | 11.8x | 15.9x | 1.3x |
| Tue, 24 Sep 2024 | S$713.7b | S$540.3b | S$44.9b | 11.4x | 15.9x | 1.3x |
| Thu, 22 Aug 2024 | S$668.1b | S$547.1b | S$44.9b | 10.9x | 14.9x | 1.2x |
| Sat, 20 Jul 2024 | S$681.4b | S$547.0b | S$44.6b | 11.9x | 15.3x | 1.2x |
| Mon, 17 Jun 2024 | S$656.0b | S$548.2b | S$44.4b | 11.8x | 14.8x | 1.2x |
| Wed, 15 May 2024 | S$656.7b | S$539.6b | S$48.8b | 11.5x | 13.4x | 1.2x |
| Fri, 12 Apr 2024 | S$649.2b | S$546.4b | S$47.0b | 11.8x | 13.8x | 1.2x |
| Sun, 10 Mar 2024 | S$620.4b | S$531.6b | S$47.9b | 11.6x | 13x | 1.2x |
| Tue, 06 Feb 2024 | S$634.1b | S$554.6b | S$49.7b | 12.1x | 12.8x | 1.1x |
| Thu, 04 Jan 2024 | S$660.3b | S$570.4b | S$52.2b | 12.6x | 12.7x | 1.2x |
| Sat, 02 Dec 2023 | S$641.8b | S$572.9b | S$52.4b | 12x | 12.2x | 1.1x |
| Mon, 30 Oct 2023 | S$637.8b | S$575.1b | S$52.4b | 12.1x | 12.2x | 1.1x |
| Wed, 27 Sep 2023 | S$672.0b | S$574.7b | S$52.5b | 12.8x | 12.8x | 1.2x |
| Fri, 25 Aug 2023 | S$669.8b | S$572.5b | S$53.1b | 12.4x | 12.6x | 1.2x |
| Sun, 23 Jul 2023 | S$695.5b | S$576.1b | S$56.7b | 11.9x | 12.3x | 1.2x |
| Tue, 20 Jun 2023 | S$693.9b | S$577.9b | S$56.8b | 11.5x | 12.2x | 1.2x |
12.2x
Which sectors have driven the changes within the Singaporean Market?
| SG Market | -1.42% | |
| Consumer Staples | 1.29% | |
| Energy | -0.32% | |
| Real Estate | -0.45% | |
| Healthcare | -1.05% | |
| Utilities | -1.14% | |
| Telecom | -1.52% | |
| Consumer Discretionary | -1.82% | |
| Financials | -1.89% | |
| Industrials | -2.06% | |
| Materials | -2.64% | |
| Tech | -3.90% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| S68 Singapore Exchange | S$22.58 | 3.9% +S$898.6m | 61.3% | PE37.1x | Financials | |
| F34 Wilmar International | S$3.57 | 4.1% +S$874.0m | 18.6% | PE12.3x | Consumer Staples | |
| C38U CapitaLand Integrated Commercial Trust | S$2.34 | 3.1% +S$556.6m | 9.9% | PB1.1x | Real Estate | |
| EB5 First Resources | S$2.83 | 8.4% +S$340.6m | 97.9% | PE9.6x | Consumer Staples | |
| A17U CapitaLand Ascendas REIT | S$2.53 | 2.4% +S$299.5m | -3.1% | PB1.2x | Real Estate |