Five STI Stocks Averaged 2%+ Daily Swings in 1Q18
The STI has been amongst the three strongest Indices of Asia Pacific in the 2018 YTD. The STI’s 1.5% total return compares to an average decline of 3.0% for the three benchmarks of Japan, Hong Kong and Australia. The STI has also seen an increase in its volatility, with its 30 day volatility gauge climbing to 17% which is the highest level for the past two years. Yangzijiang Shipbuilding, Golden-Agri Resources, Genting Singapore, Venture and CapitaLand Commercial Trust have averaged daily trading ranges (difference between daily high and low) of more than 2.0% over 1Q18.