Trading blue-chip stocks are generally viewed as a safer, long-term strategy. In this article, we explore what some of these stocks are and how they can fit into your portfolio.
This article is intended for educational and informational purposes only and does not constitute any form of investment advice. Please ensure that you understand the risks and consider your specific investment objectives, financial situation or particular needs before making a commitment to trade.
Blue-chip stocks in Singapore refer to shares of well-established, financially stable, and reputable companies that are listed on the Singapore Exchange (SGX). These companies typically have a long history of consistent performance, strong market capitalisation, and a proven track record of delivering reliable returns to investors.
Blue-chip stocks are typically considered the cornerstone of a conservative investment portfolio, as they tend to exhibit lower volatility compared to smaller or less established firms.
In Singapore, blue-chip stocks are usually represented by the Straits Times Index (STI), which tracks the performance of the top 30 companies listed on the SGX. These companies operate across various industries such as banking, real estate, telecommunications, and consumer goods, offering diversification to investors.
Examples of prominent Singapore blue-chip stocks include DBS Group Holdings, Oversea-Chinese Banking Corporation (OCBC), Singapore Telecommunications (Singtel), and CapitaLand Group.
Trading blue-chip stocks is generally viewed as a safer, long-term strategy. They provide steady dividends and are less susceptible to market fluctuations, making them appealing to both new and experienced traders. However, it’s essential to conduct thorough research because no investment is entirely risk-free, even among blue-chip companies. Their stability makes them a core choice for those seeking reliable growth and income in their portfolios.
Company
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Latest share price*
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Share price change in 2025*
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Available for CFD trading with IG?
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Available for investing with IG Markets Singapore app?
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S$53.14
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+21%
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✔
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✔
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S$6.63
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+2.80%
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✔
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✔
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Oversea-Chinese Banking Corporation (OCBC)
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S$16.80
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+1.00%
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✔
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✔
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Singapore Telecommunications (Singtel)
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S$4.31
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+39.50%
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✔
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✔
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S$2.65
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~
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✔
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✔
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*As of October 2025
Sub-sector: Banking and financial services
Market cap: S$148.49 billion
Latest earnings: DBS Group reported a net profit of S$2.82 billion for Q2 2025, up 1% year-on-year (YoY), with profit before tax rising 5% to S$3.39 billion. Total income for the first half of 2025 (H1 202%) reached S$8.1 billion, a record high.1
Trading position: As of October 2025, DBS has 2.84 billion shares outstanding, with institutional ownership at 25.97%. It trades at a forward price-to-earnings (P/E) ratio of 13.57 and price-to-book (P/B) ratio of 2.16.2
Share price performance: As of 22 October 2025, DBS shares closed at S$52.78, up 0.86%. The stock has risen 32.8% YoY, outperforming the STI.3
Stock outlook: RHB Securities maintains a ‘buy’ rating with a target price of S$57.10, citing strong dividend commitment and capital returns. DBS is expected to deliver a FY2025 dividend yield above 6%, even as earnings moderate in H2 2025. The bank is also expanding payment flows across Asia and the GCC.4
Sub-sector: Aviation and travel
Market cap: S$20.76 billion
Latest earnings: SIA posted a net profit of S$186 million for Q2 FY2025/2026, down 59% YoY, while revenue rose 2% to S$4.8 billion.5
Trading position: As of October 2025, SIA trades at S$6.63 with a P/E ratio of 14.3 and a dividend yield of 3.02%. The stock’s 52-week trading range is approximately S$5.60 to S$7.20.6
Share price performance: As of 17 October 2025, SIA shares traded at S$6.54, up 0.15%. The stock has gained 86% over five years.7
Business outlook: Singapore Airlines is rated “hold” on average by analysts, with a consensus price target of S$6.32, ranging from S$5.25 (low) to S$7.00 (high).8 UOB expects weaker Q2 FY2026 earnings due to operating drag from Air India and cargo softness.9
Singapore's STI originally had 55 companies in 1998, now just 30. The three local banks (DBS, OCBC, and UOB) represent over 40% of the entire index today.
Sub-sector: Banking and insurance
Market cap: S$75.51 billion
Latest earnings: OCBC reported Q2 2025 revenue of S$3.43 billion, down 1.49% quarter-on-quarter (QoQ), with trailing twelve-month revenue at S$13.72 billion, up 3.35% YoY.10
Trading position: OCBC trades at a P/E ratio of 10.45 with a dividend yield of 4.87% (October 2025). Its earnings per share (EPS) stands at S$1.61, and its 52-week trading range is S$14.35 to S$17.93.11
Share price performance: As of 21 October 2025, OCBC shares traded at S$16.83, up 0.60%. The stock has gained 8.8% YoY.12
Business outlook: UOB analysts expect net interest margin compression in 2H25 due to declining SORA rates, though the pace is slowing. OCBC is rated ‘market weight’, with Singapore’s domestic stability attracting liquidity amid global uncertainty.13
Sub-sector: Telecommunications and digital services
Market cap: S$70.68 billion
Latest earnings: For Q1 FY2025/2026, Singtel reported revenue of S$3.54 billion, down 3.8% YoY, with net income of S$1.02 billion and gross margin of 70.4%.14
Trading position: Singtel traded at a P/E ratio of 17.83, with EPS of S$0.24 and a dividend yield of 2.87% in October 2025. Its 52-week share price range is S$2.90–S$4.45.15
Share price performance: As of 22 October 2025, Singtel shares traded at S$4.25, up 38.96% YTD, with a five-year return of 101.89%.16
Stock outlook: Singtel’s Singtel28 growth plan has improved business performance and capital recycling, according to its FY2025 annual report.17 Analysts from RHB, Maybank, and OCBC maintain ‘buy’ ratings, citing growth in 5G, enterprise services, and regional telco stakes.18 Consensus price target is S$4.493, representing a 5.7% upside.19
Sub-sector: Real estate investment and asset management
Market cap: S$13.22 billion
Latest earnings: For H1 2025, CLI reported revenue of S$1.04 billion, down 22.68% YoY, with trailing twelve-month revenue at S$2.49 billion, down 11.2%. Profit margin was 17.47%, and operating margin 26.92%.20
Trading position: CLI has 4.99 billion shares outstanding, down 2.19% YoY, with institutional ownership at 11.85% as of October 2025. It trades at a forward P/E of 18.75, EPS of S$0.09, and a dividend yield of 4.56%.21
Share price performance: As of 15 October 2025, CLI shares traded at S$2.65, down 10.81% YoY, underperforming the STI.22
Stock outlook: DBS and UOB Kay Hian highlight CLI’s strategic capital recycling and lodging expansion as key growth drivers despite a weak first half. Yahoo Finance notes concerns over return on equity, suggesting investor caution amid declining profitability.23 CLI also targets S$200 billion in funds under management by 2028, as shared at the BofA Global Real Estate Conference.24
Yes, Singapore blue-chip stocks are ideal for new traders and investors due to their stability, consistent dividends, and lower risk compared to smaller companies, making them a reliable entry point.
Singapore blue-chip stocks are relatively stable, experiencing moderate volatility compared to emerging markets. Typically, they offer consistent dividends and steady performance, reflecting Singapore's robust financial ecosystem and well-regulated stock exchange.
Singapore citizens, permanent residents, and foreign individuals aged 18 and above with valid identification and a local or international brokerage account (such as IG Markets Singapore) can trade and invest in Singapore blue-chip stocks.
IG does not specify a minimum deposit requirement for opening an account. However, certain trading activities or account types may have minimum funding requirements. It's advisable to check the specific requirements when setting up your account.
Before trading or investing in Singapore blue-chip stocks, it is essential to conduct thorough research to make informed decisions. Start by analysing the company’s financial health, including revenue growth, profitability, and debt levels. Review their dividend track record to ensure consistent and sustainable payouts. Assess the industry they operate in for growth potential and risks, as well as the company’s competitive position within that sector.
Additionally, evaluate macroeconomic factors such as Singapore’s economic stability, interest rates, and regulatory policies that may impact the stock’s performance. Lastly, consider your investment goals, risk tolerance, and portfolio diversification to align with your strategy.
Accessing Singapore blue-chip stocks is straightforward and requires setting up a trading account with a local brokerage firm or trading platform that provides access to the Singapore Exchange (SGX). IG Markets Singapore allows you to own shares of blue-chip companies directly.
1 DBS Q2 2025 Press Release
2 DBS Revenue Data - StockAnalysis
3 DBS Group - Beansprout
4 DBS Group - Beansprout
5 Singapore Airlines Q2 2025/2026 Press Release
6 Singapore Airlines Statistics - StockAnalysis
7 Singapore Airlines - Beansprout
8 Analyst ratings for SIA - Yahoo Finance
9 SIA Analyst Reports - SGInvestors
10 OCBC H1 2025 Press Release
11 OCBC - Beansprout
12 OCBC - Beansprout
13 OCBC Analyst Reports - SGInvestors
14 Singtel Q1 2025/2026 Press Release
15 Singtel - Beansprout
16 Singtel - Beansprout
17 Singtel Annual Report
18 Singtel Analyst Reports - SGInvestors
19 Singtel - Beansprout
20 CapitaLand Investment H1 2025 Press Release
21 CapitaLand Investment - Beansprout
22 CapitaLand Investment - Beansprout
23 ‘CLI Decline: Are Poor Fundamentals The Cause?’ - Yahoo Finance
24 CLI Performance Overview - BofA Conference Insights - Minichart
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