Traded Value$Keppel(BN4.SG)Keppel is showing resilience despite weaker global market sentiment. While US technology stocks came under pressure after Alphabet and Tesla’s earnings, Keppel held relatively steady around support suggesting investors continue to favor quality Singapore blue chips with stable earnings and infrastructure exposure.
The longer-term investment story remains intact. Growth in infrastructure, data centres, energy transition, and asset management continues to support earnings, while analysts generally maintain positive views with target prices above current levels.
📊 Keppel holds above the support zone the broader uptrend remains constructive. A breakout above S$11.50 could open the way toward the next resistance, while any weakness toward support may provide opportunities for investors accumulating quality SGX names rather than chasing momentum
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