As the market continues to recover, the Singapore stock index crosses the new milestone of 5000 points.

Singapore's benchmark stock index has for the first time surpassed the psychological barrier of 5,000 points, revitalizing the once dormant market. The Straits Times Index has been soaring in recent months, hitting record highs and attracting investors with the government's efforts to revitalize the market and solidify its reputation as a safe haven during turbulent times. As of midday on Thursday, the Straits Times Index rose by 0.6% to 5,016.84 points, with the general expectation in the market that this benchmark index will continue to rise this year. Morgan Stanley's optimistic scenario predicts that, driven by strong corporate earnings and high dividends, the index will reach 6,500 points.