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.
The 30 most traded Singapore-listed stocks with manufacturing-related activities include Wilmar International, Thai Beverage, Sembcorp Marine, AEM Holdings, ISDN Holdings and Medtecs International. Food producers such as Japfa and SATS are also included amongst the Group. The group also includes China-based stocks such as Catalist-listed Jiutian Chemical Group and Mainboard-listed Sunpower Group.
In 2020, Medtecs International, Top Glove, Riverstone and UG Healthcare ranked among top 50 stocks by turnover, with anecdotal evidence suggesting that half of that turnover was contributed by retail investors. and continued to be so ranked in early 2021. These stocks averaged 18% returns for Jan 2021. Following the last rebalance, the largest weights of the iEdge SG All Healthcare are Haw Par, Raffles Medical, Parkway Life REIT, IHH Healthcare and Top Glove.
In January 2021, 20 SGX primary-listed stocks bought back 30 million shares for a total consideration of S$12.45 million. The January buyback consideration tally was led Yangzijiang Shipbuilding, Avarga, OUE, Global Investments and Wilmar International.
The STI added 2.1% in January, taking its 3-month price return to 19.8%, with dividend distributions boosting the 3-month total return to 20.2%. The strongest of the 30 STI stocks in January included Wilmar International, HongKong Land and Thai Beverage. DBS, OCBC and UOB led the net institutional inflows of Singapore-listed stocks in January, with S$214 million of inflows.
The strongest of the Growth stocks in the 2021 year-to-date were AEM (SGX:AWX) and UMS (SGX:558) averaging a 20% gain on S$40mil of net institutional inflow, while the strongest Value stock was Golden Agri-Resources (SGX:E5H) with a 23% gain on S$7mil of net institutional inflow.
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