Top 5 blue-chip stocks to watch in Singapore in 2026
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.
Important to know
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.
Key takeaways
- Blue-chip stocks on the Singapore Exchange (SGX) represent well-established, financially stable companies with consistent performance and dividends. They offer lower volatility and diversification across sectors like banking, real estate, and telecommunications.
- Notable examples include DBS Group, Singapore Airlines (SIA), Oversea-Chinese Banking Corporation (OCBC), Singapore Telecommunications (Singtel), and CapitaLand Investment.
- Investors should analyse the financial health, dividend history, and industry risks of each Singapore blue-chip company before investing. Long-term strategies like dividend investing and dollar-cost averaging help optimise returns while managing risks.
What are blue-chip stocks?
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.
Why trade and invest in Singapore blue-chip stocks?
Trading and investing in blue-chip stocks offers several advantages.
First, these high-profile stocks provide relatively high liquidity, which allows investors to enter and exit positions efficiently.
Second, many of these companies pay regular dividends, making them attractive to income-focused investors. For example, banks such as DBS and OCBC have maintained dividend yields above regional averages, while real estate managers like CapitaLand Investment have distributed steady payouts.
Third, blue-chip stocks often serve as defensive holdings during periods of market volatility, given their diversified operations and established customer bases. For longer-term participants, they offer exposure to sectors central to Singapore’s growth, including finance, aviation, telecommunications, and property.
For traders, these stocks present opportunities to capture short-term price movements through contracts for difference (CFDs), supported by high daily trading volumes.
With IG Singapore, you can first own the shares directly via the IG Markets app, and then use our classic share CFD offering to hedge against any opposing moves.
For example, an investor or longer-view trader who is long on DBS shares can use CFDs to short the same stock intraday to protect against downside moves, or use STI futures to hedge a portfolio of multiple blue‑chip holdings.
Top 5 Singapore blue-chip stocks to watch
Company
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52-week low share price*
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52-week high share price*
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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$36.30
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S$59.25
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✅
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✅
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S$5.90
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S$7.63
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✅
|
✅
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Oversea-Chinese Banking Corporation (OCBC)
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S$14.35 |
S$21.29
|
✅
|
✅
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Singapore Telecommunications (Singtel)
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S$3.13
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S$4.92
|
✅
|
✅
|
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S$2.37
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S$3.06
|
✅
|
✅
|
*As of October 2025
1. DBS Group Holdings Ltd (SGX: D05)
Sector:
Banking and financial services
Market cap: S$166 billion
Overview: DBS is Singapore’s largest bank, with operations across 19 markets.
Financial highlights: DBS reported Q3 2025 net profit of S$2.96 billion, up 2% year-on-year (YoY). Nine‑month 2025 net profit reached S$8.64 billion, a ‘record’ high. Net interest income rose on loan growth, while fee income expanded across wealth management and cards. Interim dividend stood at S$0.54 per share.
Stock valuation (January 2026): Shares trade at a price-to-earnings (P/E) ratio of 14.9 times and a price-to-book (P/B) ratio of 2.4 times, with a five‑year average dividend yield of 4.4%.
Trading data (January 2026):
- Three-month share price trading range: S$52.91 to S$59.25
- Three-month average daily volume: ~4.1 million shares
- Volatility: ±1.0% daily
- Liquidity: Very high
Analyst ratings and stock price targets: DBS shares received a ‘buy’ rating from 50% of analysts polled by FactSet, alongside a 12-month average price target of S$59.78 (equating to a slight 2% upside).
2. Singapore Airlines Ltd (SGX: C6L)
Sector: Aviation and travel
Market cap:
S$20 billion
Overview: SIA is Singapore’s national carrier, serving over 130 cities worldwide.
Financial highlights: In the first half of FY2025/26, SIA saw net profit decline 24% YoY to S$734 million. Revenue increased by 4% YoY to S$9.6 billion, supported by stronger passenger load factors, while cargo yields weakened. The company declared an interim dividend of S$0.08 per share.
Stock valuation (January 2026): SIA shares trade at a P/E ratio of approximately 9.0 times and a P/B ratio of about 1.3 times. Over the past five years, the stock has delivered an average dividend yield of around 3.5%.
Trading data (January 2026):
- Three‑month share price trading range: S$6.25 to S$6.76
- Average daily volume: ~4.5 million shares
- Volatility: ±1.4% daily
- Liquidity: High
Analyst ratings and stock price targets: Analysts are split on the SIA stock, with 58% rating it a ‘buy’ and 42% rating it a ‘sell’, based on FactSet insights published on the IG Markets Singapore app. Analysts also priced SIA shares at a 12-month fair value of S$6.20.
Did you know?
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.
3. Oversea-Chinese Banking Corporation Ltd (SGX: O39)
Sector: Banking and insurance
Market cap: S$96 billion
Overview: OCBC operates in 18 countries, serving retail, SME, and corporate clients.
Financial highlights: OCBC saw net profit rise 9% quarter-on-quarter (QoQ) but unchanged YoY to S$1.98 billion for Q3 2025. For the nine months ended September 2025, net profit was S$5.68 billion, down 4% year-on-year as net interest margins softened. The bank paid an interim dividend of S$0.41 per share.
Stock valuation (January 2026): OCBC shares are valued at a P/E ratio of about 12.7 times and a P/B ratio of 1.54 times. The bank has maintained a five-year average dividend yield of approximately 4.7%.
Trading data (January 2026):
- Three‑month share price trading range: S$16.72 to S$21.29
- Average daily volume: ~5.3 million shares
- Volatility: ±1.1% daily
- Liquidity: High
Analyst ratings and stock price targets: OCBC stocks have a majority ‘buy’ rating (53% of analysts polled by FactSet), alongside a 12-month average price target of S$20.26 (equating to a 5% downside).
4. Singapore Telecommunications Ltd (SGX: Z74)
Sector: Telecommunications and digital services
Market cap: S$73 billion
Overview: Singtel operates in 21 countries, with businesses in mobile, enterprise services, and digital infrastructure.
Financial highlights: For the first half (H1) of FY2025/26, Singtel reported net profit of S$3.40 billion. This figure included a one-off gain of S$2.05 billion from asset sales. Excluding this exceptional item, underlying net profit rose 14% YoY to S$1.35 billion. The company declared an interim dividend of S$0.06 per share.
Stock valuation (January 2026): Singtel shares trade at a P/E ratio of about 12.1 times and a P/B ratio of 2.7 times. The company’s five-year average dividend yield stands at roughly 3.6%.
Trading data (January 2026):
- Three‑month share price trading range: S$4.17 to S$4.92
- Average daily volume: 20.8 million shares
- Volatility: ±1.2% daily
- Liquidity: Very high
Analyst ratings and stock price targets: Singtel stocks have a consensus rating of ‘buy’ with an average price target of S$5.24. The price target equates to a potential 18% upside over the next 12 months.
5. CapitaLand Investment Ltd (SGX: 9CI)
Sector: Real estate investment and asset management
Market cap: S$15 billion
Overview: CLI manages a portfolio of real estate assets and funds, with exposure to lodging, retail, and office properties.
Financial highlights: For the nine months ended September 2025, CLI reported total revenue of S$1.57 billion, with fee-related revenue rising to S$882 million, up 7% year-on-year. An interim dividend of S$0.05 per share was declared previously in H1 2025.
Stock valuation (January 2026): CLI shares trade at a P/E ratio of about 34.5 times and a P/B ratio of 1.2 times. The company has a trailing annual dividend yield of 4.0%.
Trading data (January 2026):
- Three‑month share price trading range: S$2.57 to S$3.06
- Average daily volume: ~11.0 million shares
- Volatility: ±1.3% daily
- Liquidity: Moderate
Analyst ratings and stock price targets: CapitaLand Investment stocks have a consensus ‘buy’ rating and share price target of S$3.43, equating to a 13% upside over the next 12 months.
How to trade and invest in blue-chip stocks with IG Singapore
CFD share trading
- Create a live or demo account
- Find an opportunity among one of our 10,000+ stocks with our stock screener
- Click ‘buy’ to go long or ‘sell’ to short
- Set your position size
- Take steps to manage your risk
- Open and monitor your position
Investing
- Open an account via IG Markets Singapore app
- Search for Singapore blue-chip stocks on the app
- Choose the shares you want to buy
- Determine how many shares you want to purchase
- Place your order
- Monitor your investment and collect any dividends
Singapore blue-chip stocks FAQs
Are Singapore blue-chip stocks suitable for new traders and investors?
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.
How volatile are Singapore blue-chip stocks?
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.
Who can trade and invest in Singapore blue-chip stocks?
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.
What's the minimum amount needed to start?
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.
What should I research before trading or investing in Singapore blue-chip shares?
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.
How can I access Singapore blue-chip stocks?
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.
Footnotes
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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