Trio of SGX Best-Performing Consumer Cyclical Plays Returned 42% in 10M19
Consumer Cyclicals was among the top net buy sectors on SGX in Oct – garnering institutional inflows of S$18.5 million. Among the Consumer Stocks with more cyclical businesses, at least 24 have a market cap of S$200 million and above. The 3 best performers in 10M2019 were: Department store operator Isetan (Singapore) (+48.4%), as well as luxury watch retailers Cortina Holdings (+44.5%) and The Hour Glass (+33.7%). The trio averaged a total return of 42.2%.