The Securities Investors Association (Singapore), or Sias, will step up efforts to boost retail participation in local stocks in 2025 and build on what has been a bumper year for investors.
The initiative involves taking its Invest Singapore programme to the heartland to encourage more people to look at the market here, while helping them embark on their investment journey.
Many people avoid stocks and bonds due to lack of knowledge or previous losses, opting for savings accounts which do not account for inflation, noted Mr David Gerald, president and chief executive of Sias, an investor group with around 12,000 members.
He hopes that these new investors "come on board with Sias, which will guide and advise them on how best to construct portfolios that match their risk profiles and investment objectives".
Mr Gerald noted that the Singapore share market exceeded expectations in 2024, largely driven by strong performances from banks, Singtel and property-related stocks.
The Straits Times Index has been the best performer in the region, delivering a 30 per cent return so far in 2024, despite many retail investors here shunning local stocks in favour of more exciting markets like Wall Street.
Bu hikaye The Straits Times dergisinin December 21, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Straits Times dergisinin December 21, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Social acceptance of casual gambling behind lotteries' popularity
Social acceptance of casual gambling and the wide variety of betting options available contribute to the popularity of lotteries and Singapore Pools' growing turnover.
Toyota Camry is the clear champion
This is the second time in the 22-year history of the award that Toyota has won
Tiny Brazil bar gets 24K Magic moment with Bruno Mars visit
A small bar in the Brazilian city of Belo Horizonte named Lacador has got its uptown funk on, following a surprise visit by American pop hit-maker Bruno Mars.
Jail for blackmailers who extorted from late South Korean actor Lee Sun-kyun
A bar hostess and a former actress who extorted a total of 350 million won (S$328,000) from late South Korean actor Lee Sun-kyun were sentenced to prison on Dec 19, local media reported.
Naomi Neo, Jianhao Tan still Singapore's top influencers
Singaporean content creators Naomi Neo and Jianhao Tan have emerged again as the country's top influencers, according to figures released by media intelligence and data analytics firm Meltwater in a new report on Dec 19.
Jeered Olympic breakdancer Raygun says row over musical resolved
Australian Olympic breakdancer Rachael \"Raygun\" Gunn says her legal dispute with the maker of a parody musical about her has been resolved, with a new version planned.
CAR-FREE SUNDAY A HIT IN COLOMBIA
Fifty years ago, a 28-year-old Colombian with a bushy beard, flares and vintage Raleigh bicycle led a revolution on the streets of Bogota.
New Freed is more efficient, punchy and refined
Honda's dual-motor hybrid compact seven-seater is now more than a match for Toyota's Sienta
Toyota Camry is the clear champion
This is the second time in the 22-year history of the award that Toyota has won
How to buy a pre-loved gift someone might actually want
If you plan to regift, consider second-hand handbags, watches, jewellery and outerwear, as these are popular items among recipients
