The Straits Times Index (STI) Books 1.2% Total Return In 1H23 As Global Growth Decelerates
For the first 6 months of 2023 (1H23), the STI declined 1.4% in price to 3,205.91, with reinvested dividends boosting the total return of Singapore’s benchmark to 1.2%. Outside of the STI, actively traded stocks that booked the highest total returns in 1H23 included Dyna-Mac, Tianjin Pharmaceutical Da Ren Tang, Delfi, Food Empire, PropNex, Marco Polo Marine & Samudera Shipping Line.