SGX's 5 Best-Performing Tech Stocks Averaged 78% Return in 2019 YTD
SGX lists at least 15 IT stocks with market cap above S$100 million. Among the 15, the 5 best performers in the YTD were: AEM (+126.6%), Hi-P (+81.3%), Procurri (+68.5%), UMS (+66.0%) and CSE Global (+46.3%). Singapore’s electronics manufacturing output edged up 0.4% YoY in Oct, EDB data showed. This positive reversal reinforces the view that the electronics cluster may have bottomed out in mid-2019, and is beginning to see “some green shoots”, OCBC Treasury Research noted.