Singapore’s 10 most traded technology stocks keeping pace with the global trend, averaging a 50% total return since end 2019. The 10 stocks which include AEM, Venture Corporation, UMS, ISDN, Frencken Group, Fu Yu Corporation, CSE Global and Valuetronics have averaged 15% gains in the 2021 year-to-date.
Retail investors have been net sellers of STI stocks in the year-to-date, with Yangzijiang Shipbuilding, SATS, DBS Group, OCBC Bank and Singapore Airlines recipient to the highest net retail outflows proportionate to current market capitalisation. Combined turnover of the 2 STI ETFs is up 88% y-o-y.
The technology unit of Aztech Group (previously listed on SGX) – Aztech Global (SGX:8AZ) provides one-stop design and manufacturing services. With core strengths in R&D, design, engineering and manufacturing, its key products include IoT Devices, Data-communication and LED lighting.
The STI Reserve List are Frasers Logistics & Commercial Trust, Keppel REIT, Suntec REIT, Frasers Centrepoint Trust and NetLink NBN Trust. Should the Jardine Strategic amalgamation resolution be approved at the EGM, the STI Reserve stock with the highest market cap at the close two days prior to the Index deletion of Jardine Strategic will join the STI.
Singapore’s 5 most traded technology stocks – AEM, Venture Corp, UMS, ISDN and Nanofilm Technologies have averaged 16% gains in the 2020 year-to-date, bringing their 12-month average total return to 87%.
In February, 17 SGX primary-listed stocks bought back 23 million shares for a total consideration of S$49.7 million. The February buyback consideration tally was led by Wilmar International, Keppel Corporation, Singapore Technologies Engineering, which accounted for 85% of the S$49.7 million consideration.
Among the 200 most traded stocks on SGX, there are 7 stocks whose businesses include plantations, with products used for food. These stocks include Wilmar International, Golden Agri-Resources, First Resources, Sri Trang Agro-Industry, Olam International, Bumitama Agri and Del Monte Pacific. These 7 stocks averaged 25% gains in the 2021 year-to-date.
MC Payment (SGX:TVV) made its debut on the SGX Catalist via a Reverse Takeover. It is a FinTech group that provides merchant payment services and digital commerce enabling services aimed at servicing merchants in the retail, transportation and food and beverage industries. The group is headquartered in Singapore with presence in parts of Southeast Asia, namely Malaysia, Indonesia and Thailand.
10 of the FTSE ST All Share Index stocks with the highest net institutional flows proportionate to market value in 2020 year-to-date include AEM Holdings, Jardine Cycle & Carriage, UMS Holdings, Sembcorp Marine, Yangzijiang Shipbuilding, Singapore Press Holdings, CapitaLand China Trust and ARA LOGOS Logistics Trust.
Since 31 October, Brent Crude Oil has surged 55% to US$59/bbl, while Singapore’s 5 most traded energy stocks, Rex International, Rex International, China Aviation Oil, Geo Energy Resources, AnAn International and BlackGold Natural Resources averaged 32% gains over the period.
These articles are provided by SGX My Gateway.
SGX's investor education portal with market, product and investment information and events. Sign up now at sgx.com/mygateway to receive our investment updates and economic calendar.
These articles are not intended for distribution to, or for use by or to be acted on by any person or entity located in any jurisdiction where such distribution, use or action would be contrary to applicable laws or regulations or would subject Singapore Exchange Limited (“SGX”) to any registration or licensing requirement. This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document is for general circulation only. It does not address the specific investment objectives, financial situation or particular needs of any person. Advice should be sought from a financial adviser regarding the suitability of any investment product before investing or adopting any investment strategies. Use of and/or reliance on this document is entirely at the reader’s own risk. Further information on this investment product may be obtained from www.sgx.com. Investment products are subject to significant investment risks, including the possible loss of the principal amount invested. Past performance of investment products is not indicative of their future performance. Examples provided are for illustrative purposes only. While each of SGX and its affiliates (collectively, the “SGX Group Companies”) have taken reasonable care to ensure the accuracy and completeness of the information provided, each of the SGX Group Companies disclaims any and all guarantees, representations and warranties, expressed or implied, in relation to this document and shall not be responsible or liable (whether under contract, tort (including negligence) or otherwise) for any loss or damage of any kind (whether direct, indirect or consequential losses or other economic loss of any kind, including without limitation loss of profit, loss of reputation and loss of opportunity) suffered or incurred by any person due to any omission, error, inaccuracy, incompleteness, or otherwise, any reliance on such information, or arising from and/or in connection with this document. The information in this document may have been obtained via third party sources and which have not been independently verified by any SGX Group Company. No SGX Group Company endorses or shall be liable for the content of information provided by third parties. The SGX Group Companies may deal in investment products in the usual course of their business, and may be on the opposite side of any trades. SGX is an exempt financial adviser under the Financial Advisers Act (Cap. 110) of Singapore. The information in this document is subject to change without notice. This document shall not be reproduced, republished, uploaded, linked, posted, transmitted, adapted, copied, translated, modified, edited or otherwise displayed or distributed in any manner without SGX’s prior written consent.