SGX Market Updates

STI’s Strongest Stocks & Segments in 2017 YTD


PUBLISHED ON |

27 June 2017

  • In the 2017 YTD Yangzijiang Shipbuilding was the best performing STI stock with a 45% price gain, after ranking as the STI’s least performer in 2016. At the same time, the STI’s least performer in the 2017 YTD, Golden Agri Resources, was the best performing STI stock in 2016.

  • The STI’s five Real Estate Management and Development stocks have averaged a 24% price gain in the year-to-date, with three of the stocks making the top five performing STI stocks in the 2017 year-to-date. Yanlord Land, which recently joined the STI Reserve List has gained 35% in the 2017 YTD.

  • Of the nine STI stocks & three STI Reserve Stocks that maintain dividend yields of 4.0% or higher, the three best price performers in the 2017 YTD were Ascendas REIT, Singapore Technologies Engineering and Keppel REIT.




The Straits Times Index (STI) has generated a 11.9% price gain in the 2017 year-to-date, which compares to an average of 6.5% in SGD terms for the benchmarks of Indonesia, Thailand and Malaysia, and an average of 9.0% in SGD terms for the benchmarks of Japan and Hong Kong.


2017 STI & Regional Benchmark Average Price Returns (%) 
2017 STI & Regional Benchmark Average Dividend Yields Returns (%)

Source: SGX StockFacts, Bloomberg (Data as of 2:30pm 27 June 2017)



The STI has one of the highest dividend yields across Asia with the yield at 3.3% as of 27 June 2017. This compared to an average of 2.8% for the Jakarta Composite Index, FTSE Malaysia KLCI and the Stock Exchange of Thailand Index. The average indicative dividend yield of the Nikkei 225 and the Hang Seng Index is 2.5%.



STI Stocks

The best performing STI constituent in the 2017 year-to-date, Yangzijiang Shipbuilding Holdings, was also the least performing STI stock in 2016. Contrariwise, the least performing STI constituent in the 2017 year-to-date, Golden Agri Resources, was the best performing STI stock in 2016. Yangzijiang Shipbuilding Holdings has generated a 45% price gain in the 2017 year-to-date, following on from its 26% decline in 2016. Meanwhile Golden Agri-Res has declined 13% in price in the 2017 YTD, after gaining 27% in 2016.

This is a relatively straightforward example of an turnaround in the ranking of STI stock performances. It does not mean underperformers necessarily become outperformers and vice versa. It simply exemplifies that in the recent past, stock rotation opportunities have existed beyond the STI’s benchmark returns. Rotation criteria can involve different stocks, sectors, a different geographical focus or style factors such as dividend or value.



STI Sectors

Last year Consumer Staples was the strongest segment within the STI, with all three Consumer Staples stocks making the top performing five STI stocks of 2016. While the first half of 2017 has three and a half sessions remaining, it has been a different segment of the STI that has been the best performer over the period.  The STI’s five Real Estate Management and Development stocks have averaged a 23.5% price gain in the year-to-date, with three of the stocks making the top five performing STI stocks in the 2017 year-to-date. In 2016, the five stocks averaged a price decline of 2.2%. The STI Reserve List also includes one Real Estate Management & Development stock, Yanlord Land, which has also been the strongest of the five reserve stocks in the 2017 year-to-date.

The list of 30 STI stocks and the respective performances in the year-to-date in addition to 2016 are tabled below. The SGD equivalents are provided for Jardine Matheson Holdings, Hongkong Land Holdings and Hutchison Port Holdings Trust. Note that the latter can be traded in both USD and SGD currencies.

STI  SGX
Code
Market
Cap
S$b
Price
S$
Price
Change
YTD
%
Price
Change
2016
%
Indicative
Div. Yld
%
Jardine Matheson Hldgs J36 65.5 89.533 12.0 15.8 2.3
Singapore Telecommunications Z74 61.9 3.790 3.8 -0.5 4.6
DBS Group Hldgs D05 52.0 20.350 17.4 3.9 2.9
Oversea-Chinese Banking Corp O39 44.6 10.660 19.5 1.4 3.4
United Overseas Bank U11 38.0 22.920 12.4 4.0 3.0
Hongkong Land Hldgs H78 24.2 10.302 12.5 -7.7 2.5
Thai Beverage PCL Y92 22.1 0.880 3.5 23.2 2.8
Wilmar International F34 22.1 3.490 -2.8 22.1 1.9
Jardine Cycle & Carriage C07 17.7 44.880 8.9 18.3 2.3
CapitaLand C31 15.0 3.540 17.2 -9.9 2.8
Global Logistic Properties MC0 13.3 2.840 29.1 2.3 2.1
Genting Singapore PLC G13 12.8 1.065 17.7 17.5 2.8
Singapore Airlines C6L 11.8 9.960 3.0 -13.7 2.0
Singapore Technologies Engineering S63 11.6 3.710 14.9 7.3 4.0
Keppel Corp BN4 11.3 6.230 7.6 -11.1 3.2
City Developments C09 9.9 10.920 31.9 8.2 0.7
Singapore Exchange S68 7.9 7.390 3.2 -7.0 3.8
Ascendas REIT A17U 7.7 2.670 17.6 -0.4 6.2
CapitaLand Mall Trust C38U 7.0 1.980 5.0 -2.3 5.5
UOL Group U14 6.2 7.600 26.9 -4.0 1.9
SATS S58 5.7 5.070 4.5 26.3 3.3
Sembcorp Industries U96 5.4 3.050 7.0 -6.6 2.6
Singapore Press Hldgs T39 5.1 3.220 -8.8 -10.4 4.3
ComfortDelGro Corp C52 5.1 2.370 -4.0 -19.0 4.4
Hutchison Port Hldgs Trust NS8U 5.1 0.582 -7.5 -16.2 10.2
CapitaLand Commercial Trust C61U 5.0 1.650 11.5 9.6 5.7
Golden Agri-Resources E5H 4.8 0.375 -12.8 26.5 1.7
StarHub CC3 4.7 2.720 -3.2 -24.1 6.9
SIA Engineering Co S59 4.7 4.190 24.3 -8.9 3.1
Yangzijiang Shipbuilding Hldgs BS6 4.5 1.185 45.4 -25.9 3.3
Average 10.6 0.6 3.5

Source: SGX StockFacts, Bloomberg (Data as of 23 June 2017)



STI Reserve List SGX
Code
Market
Cap
S$b
Price
S$
Price
Change
YTD
%
Price
Change
2016
%
Indicative
Div. Yld
%
Suntec REIT T82U 4.9 1.850 12.1 6.5 5.2
Mapletree Commercial Trust N2IU 4.5 1.550 11.1 8.7 5.4
Keppel REIT K71U 3.8 1.150 12.7 9.7 5.0
Yanlord Land Group Z25 3.4 1.780 34.8 31.3 2.4
Sembcorp Marine S51 3.4 1.605 16.3 -21.1 1.5
Average 17.4 7.0 3.9

Source: SGX StockFacts, Bloomberg (Data as of 23 June 2017)







This article is provided by SGX My Gateway.



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.

This document is 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.












Stock / REIT Search




Advertisement

Advertisement