The diversified STI index – the most globally recognised market barometer for Singapore – tracks the performance of the 30 largest and most liquid companies listed on SGX. In 2019, the 30 constituents have generated an average total return of 13.1%, bringing their 1Y and 3Y total returns to 4.0% and 19.6% respectively.
Over the 2019 calendar year, the constituents of the iEdge S-REIT Index have averaged a total return of 25.2%, bringing their one-year and three-year total returns to 18.0% and 41.7% respectively. So far, 20 constituents have already reported their earnings for the quarter/full-year ended 31 December 2019. Another 15 REITs are scheduled to unveil their Dec quarter results over the next 3 weeks.
Singapore’s 50 most actively traded stocks of early 2020 averaged a 2% return over the first 12 sessions of January, with performances led by AusGroup, Keppel DC REIT, Mapletree Industrial Trust, CapitaLand Commercial Trust and AEM Holdings.
Wilmar, Japfa and Golden-Agri have led Singapore’s 10 most traded Agriculture, Food and Beverage stocks for the first eight sessions of 2020. The 10 stocks averaged 13% total returns in 2019, with their median return at 17% outpacing regional and global peers. Sheng Siong Group, Koufu Group, SATS and First Resources all report at least four-fifths of their revenue to Singapore. The four stocks saw S$88 million in net institutional inflow in 2019, with average/median total returns of 22%/23%.
10 Energy-related stocks ranked amongst Singapore’s most traded 200 stocks of 2019, generating a median total return of 23% for the year. The 10 Energy-related stocks also saw 40% median volatility in 2019, with the second-best performer of the group in 2019, Interra, seeing the highest volatility. Rex International and Sunpower Group were also amongst the strongest gainers in 2019.
The Real Estate (ex-REITs) sector was among the top net buy sectors on SGX in Dec 2019, garnering net institutional inflows of S$110.4 million. The real estate developer stocks that saw the highest net institutional inflows in December were CapitaLand (+S$42.4mil), UOL Group (+S$28.6mil) and City Developments (+S$24.0mil).
The combined daily trading turnover of the 160 Singapore-listed stocks averaged S$55 million per day in 2019 with the most actively traded Small-Cap stocks including AEM Holdings, Rex International Holding, UMS Holdings, Eagle Hospitality Trust and First REIT. AEM Holdings and UMS Holdings were also among Singapore’s 10 Small-Cap stocks that saw the highest net institutional inflows proportionate to their year-end market capitalisation.
Singapore’s Mid-Cap Stocks performed in-line with the stocks of the same market capitalisation across Asia in 2019. Of Singapore’s 40 most traded Mid-Cap Companies, 19 Companies outpaced the STI in 2019. Of the 40 Mid-Cap Companies, the 5 strongest performers in 2019 included Hi-P International, SBS Transit, Bumitama Agri, SIA Engineering and Oxley Holdings.
The FTSE ST China Index consists of stocks of the FTSE ST All-Share Index that have reported either at least 50% of their revenues from Mainland China, or have at least 50% of their operating assets located in the country. The 5 best performers among the 10 largest constituents over the course of 2019 were: Sasseur REIT, CITIC Envirotech, Wilmar, CapitaLand Retail China Trust and China Aviation Oil.
Singapore’s REITs, stapled and property trusts contributed 24% to day-to-day turnover of Singapore’s stock market in 2019, whilst maintaining a combined market value that was 12% of Singapore’s stock market capitalisation at the end of 2019. These 43 trusts also generated average total returns of 23% in 2019, and ended 2019 with an average 6% distribution yield.
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.