2024 Top Singapore Stocks with Significant Gains in Trading Interests
05 September 2024
Singtel has posted a 29% total return with its average daily turnover surged 80% to S$90M, while Dyna-Mac's turnover accelerate by 132% in the 2024-to-date.
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DBS, SGX, SATS & UOB Led The Net Institutional Inflow In Past 4 Trading Sessions
22 August 2024
SATS booked S$28 mil net institutional inflow on 21 August, with the stock also trading 10x its usual average daily turnover. This followed SATS reporting a turnaround 1QFY25 PATMI of S$65.0 million compared to a loss of S$29.9 million in 1QFY24. Nam Cheong reported 1HFY24 NPAT of RM 635.8 million, up from RM 31.7 million in 1HFY23, primarily due to the waiver of debts. The global offshore marine group noted its business recovery is gathering pace with revenue growing 56% to RM 312.0 million for 1HFY24.
Analysing The Net Institutional Outflows from Singapore’s Stock Market in August
12 August 2024
The S$506 million net institutional outflow from Singapore stock market last week was driven by Financials and Industrials. The more than 3% decline of the STI was on the back of global cross-asset repositioning that coincided with the Bank of Japan rate hike, in addition to concerns on US growth, and recent rotation from US technology stocks. Singapore’s Utilities Sector recorded S$7.1 million of net institutional inflow for the week.
63 Singapore Stocks that Added to 1H24 Gains in July
02 August 2024
Multi-Chem, SATS, SingTel, Civmec, Kim Heng, Accrelist, Great Eastern, Dyna-Mac, Venture Corp, Azeus System and Hock Lian Seng saw the most acceleration in net institutional inflow in July compared to 1H24 inflow. Pan-United, 5E Resources, Beng Kuang Marine, Azeus System, Multi-Chem and Dyna-Mac also saw average daily turnover (ADT) more than double over the 7 months compared to 2023.
Straits Times Index's July Journey: Inflows, Outflows, and Resilience
01 August 2024
The Straits Times Index (STI) added 3.7% in July, bringing the 7-month total return to 9.6%. While the STI Banks (DBS, OCBC & UOB) averaged 2.8% gains for the month, both the iEdge S-REIT Index and iEdge SG Manufacturing Index generated 5.5% total returns. The FTSE APAC Index gained 1.2% for the month, in S$ terms.
Mid-July SGX Market Movers: Stocks with the Highest Net Institutional Inflows
16 July 2024
The Straits Times Index (STI) formed its highest levels in 6 years at 3,509.20 on 15 Jul. Other key historical highs of the STI include the 3,640s reached in May 2018 and 3,906 attained in October 2007. In the first half of July, ARA US Hospitality Trust led the net institutional inflow into non-STI stocks with inflow of S$46.1 million. Among the STI constituents, DBS led with net institutional inflow of S$118 million.
Singapore Stocks with Significant Trading Turnover Growth in 1H24
04 July 2024
In 1H24, nearly half the stocks that saw their average daily turnover (ADT) more than triple CY23 levels represented the Industrials and Consumer Cyclical Sectors. Industrial stocks included Cosco Shipping, Chasen, Beng Kuang Marine, Soilbuild Construction and Wee Hur, while Consumer Cyclical stocks included Isetan and ValueMax. Soilbuild Construction has seen its average daily turnover grow 10-fold in 1H24, from CY23 levels, while the stock generated a 210% price gain.
Straits Times Index (STI) Chalks Up 5.7% Total Return In 1H24
03 July 2024
The STI generated a 2.9% gain to 3,332.8, with dividends boosting the total return to 5.7% in 1H24. The trio of STI Banks (DBS, OCBC, UOB), Yangzijiang Shipbuilding & SingTel led the STI gains in 1H24. By Sector, the Banks booked S$594 of net institutional inflow partially offsetting the net institutional outflow for the broader stock market, led by the S-REIT Sector.
Singapore’s Biggest Index Movers in 2Q24
21 June 2024
As of 20 June, the FTSE ST All-Share Index generated a 3.9% total return in 2Q24, outpacing the FTSE Asia Pacific Index (+2.7%) and FTSE ASEAN All-Share Index (-1.9%). The 10 strongest performers of the index constituents averaged 37% total returns, and were led by Yoma Strategic, Samudera Shipping and Yangzijiang Shipbuilding. The 10 least performing constituents for the period averaged 12% declines, led by Food Empire, Prime US REIT and DFI Retail.
Recent Retail Fund Flow in Singapore Stocks
14 June 2024
Singapore's stock market has seen net retail inflow of S$1.01 billion in the 2024-to-date. UOB (SGX:U11) has seen the most net selling by retail investors in the 2Q24 (to 13 June) at S$366 million. On the other hand, Singapore Airlines (SIA, SGX:C6L) and Keppel (SGX:BN4) have seen the most net retail inflow in 2Q24 (to 13 June) at S$129 million each.
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