ISOTeam

Singapore stocks remained resilient as the benchmark index traded near record highs supported by strong export demand and continued AI driven growth. Corporate asset recycling and healthy fundamentals continue to boost investor confidence despite higher utility costs weighing on consumers. While global volatility may keep markets cautious the overall outlook for Singapore equities remains constructive

What a quarter! The middle east peace deal was right on time which led to the unwinding of safe haven assets back into risk on AI trades.

I believe the markets are still winding down from the middle east peace deal and as such ‘safe havens’ such as precious metals and oil stocks are being sold to buy back risk assets into the end of the quarter.

Markets closed the quarter with broad-based strength, reflecting continued optimism around AI, technology, and economic resilience. However, Michael Burry’s new short positions against major AI-linked stocks and industrials suggest he believes valuations have become stretched after a powerful rally. While his bearish stance has attracted attention, it represents one investor’s contrarian view rather than confirmation of an imminent market reversal.