Singapore’s 5 most traded Consumer Cyclical stocks include Genting Singapore, Singapore Press Holdings, Jardine Cycle & Carriage, Sri Trang Agro-Industry and Accordia Golf Trust. Together the 5 stocks, have businesses that span multiple industries, as well as Singapore, ASEAN, Japan in addition to China. Sri Trang Agro-Industry has been the strongest performer of the 5 stocks.
Dasin Retail Trust topped Low Volatility factor exposure rankings of more than 100 actively traded Singapore stocks for the 12 months ending 30 June 2020. 8 Real Estate stocks also made up the 10 of the 40 Low Volatility factor exposure stocks with the highest net institutional inflow (proportionate to market capitalisation) in the 2020 year to 21 Sep.
Since the STI formed its 9 June high, through to 15 September, the most defensive of the five Industrial stocks was Yangzijiang Shipbuilding Holdings which declined 3.4% while the STI declined 9.5%.
In January, CapitaLand proposed a merger of CapitaLand Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) in an S$8.3 billion cash-and-stock deal. In July, ESR-REIT and Sabana REIT announced a proposed merger, by way of a trust scheme of arrangement, which will see ESR-REIT acquiring all units of Sabana REIT from the unitholders of Sabana REIT
For 1H2020, the three banks averaged a net profit of S$1.80 billion, down an average 32.5% y-o-y. DBS reported the highest net profit figure of S$2.41 billion, and registered the smallest y-o-y decline in earnings, at 25.9%.
The FTSE Singapore Growth Index generated a 1.9% total return for the three years ending 31 Aug. Singapore’s 20 stocks with the highest growth factor exposure were led by AEM, represent multiple Sectors, and generated a median gain of 0.1%. 3 of the 20 stocks – Dasin Retail Trust, China Everbright Water and Sasseur REIT report all their revenue to China and 2 of the 20 stocks - Yangzijiang Shipbuilding and China Sunsine Chemicals report more than half their revenue to China.
DBS, OCBC & UOB averaged 4.2% total returns in August, outpacing 1.6% flat median returns of the top quartile of global banking stocks by market value. DBS and OCBC remain amongst the top ten constituents of the FTSE Developed Asia Pacific ex-Japan Sustainable Yield Index.
SGX lists 3 rubber glove plays – Top Glove Corp, Riverstone Holdings and UG Healthcare Corp. Due to the exponential increase in glove demand, the three rubber glove makers reported stellar results for their respective financial periods, with earnings surging as much as five-fold.
Healthcare service providers listed on SGX operate patient care services and facilities, both locally and worldwide. Two of three largest healthcare services providers – IHH Healthcare Bhd and Thomson Medical Group were also among the 30 stocks that saw the highest net institutional inflows in the 2020 YTD.
Singapore’s 30 actively traded stocks that were recipient to the highest net institutional inflows over the first eight months of 2020, included nine STI stocks, in addition to multiple healthcare, technology and real estate plays. More than one-third of the 30 stocks maintain a market capitalisation of less than S$1 billion including Medtecs Intl, Accordia Golf Trust, GL, Hong Fok, UMS, Sabana REIT, Q&M Dental, Jumbo Group, Sing Holdings, Synagie and Kitchen Culture.
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