All of them also pay out a dividend, which helps investors to generate a stream of passive income.
With the Straits Times Index (SGX: ^STI) hitting new all-time highs, many blue-chip companies are also seeing their share prices surging.
Here are four reliable Singapore blue-chip stocks that are touching their 52-week highs.
Singapore Exchange (SGX: S68)
Singapore Exchange, or SGX, is Singapore’s sole stock exchange operator.
The group enjoys a natural monopoly as the only multi-asset exchange operator on the island.
SGX’s share price recently surged close to 25% year-to-date (YTD) and hit its 52-week high of S$15.75.
The bourse operator reported an impressive set of earnings for the first half of fiscal 2025 (1H FY2025) ending 31 December 2024.
Net revenue increased by 15.6% year on year to S$646.4 million, with broad-based year-on-year revenue increases across SGX’s divisions….
