iShares MSCI Singapore ETF breaks out, targets 2007 high with strong 3.97% dividend yield

The iShares MSCI Singapore ETF (EWS) has broken out of a long-term consolidation phase and is now targeting its 2007 all-time high of $31.94 per share. This move is supported by Singapore's strong economic fundamentals, including a pro-business environment, a diversified economy, and a strategic location in Asia. The ETF also offers an attractive and consistent dividend yield of 3.97%, backed by 25 years of consecutive dividend payments. These factors underpin a buy rating for the ETF, making it a compelling option for investors seeking stability and income in the Asian market.