SGX Market Updates

Most Traded SGX Listed Energy, Materials & Resources Plays Rallied +26.8% YTD


PUBLISHED ON |

21 March 2022

  • Recent geopolitical events have dictated global commodities prices in recent weak. Global commodities prices rallied 26% YTD amidst volatility on the back of strong global demand and concerns of supply shortages.

  • SGX 10 most traded Energy, Materials & Resources plays saw combined daily turnover YTD jump 173% as compared to the whole of 2021.

  • The 10 most actively traded names YTD averaged a price gain of +26.8% YTD, outperforming STI’s +6.6%. These 10 stocks can be bucketed into the following: Oil Exploration & Producers, Coal Miners, Chemical Manufacturers, Gold Production, Iron ore concentrate Production, and Cement Production.




Recent geopolitical events have dictated global commodities prices in recent weeks.

While commodities prices have been volatile recently, commodities have been one of the best-performing asset class globally as concerns of supply shortages amidst strong global demand impacted. Some of the key notable top-performers include Wheat, Oil, Palladium, Gold and Nickel.

As seen from Refinitiv/CoreCommodity CRB® Index, which tracks 19 major commodities globally, commodities prices hit a year-high return of +33.1% in early March, declined 9.2% a week later but rebounded 4.2% and has now returned 25.8% in the year to date.



Commodities price Index

Source: Refinitiv Eikon. Refinitiv/CoreCommodity CRB® Index Total Return



The Refinitiv/CoreCommodity CRB® Index is based on Exchange Traded Futures. The Index represents 19 commodities, grouped by liquidity into 4 groups. Petroleum products capped at 33%, other 3 groups equal weighted



SGX Listed Energy, Materials & Resources Stocks in Focus

SGX most traded Energy, Materials & Resources plays have moved in tandem with global commodities prices in recent weeks. In the year-to-date, the most actively traded stocks come from sub-segments including chemicals, coals, gold, iron ore, and oil.

The top 10 actively traded stocks in these segments saw a combined daily turnover of S$29.8mil, increasing 173% as compared to CY2021 overall daily turnover of S$17.2mil. In 2022 YTD, the average price gains of these 10 stocks are at +26.8%, outperforming STI’s +6.6%. Amongst the 10, only China Sunsine Chemical (-4.1%) and International Cement Group (-3.6%) have seen negative returns YTD.

Most of these names saw net institutional inflows YTD, with the exception from Rex International (-S$3.6mil), China Sunsine Chemical (-S$1.6mil), and Interra Resources (-S$0.4mil).

The top 10 actively traded Energy, Materials & Resources plays on SGX are bucketed into the following:

  • Oil Exploration and Production Plays: Rex International (SGX:5WH), RH PetroGas (SGX:T13), Interra Resource (SGX:5GI)
  • Coal miners: Golden Energy & Resources (SGX:AUE), Geo Energy Resources (SGX:RE4)
  • Chemicals manufacturers: China Sunsine Chemical (SGX:QES), Jiutian Chemical (SGX:C8R)
  • Gold producer: CNMC Goldmine (SGX:5TP)
  • Iron ore concentrate producer: Fortress Minerals (SGX:OAJ)
  • Cement producer: International Cement Group (SGX:KUO)


Stock Name SGX
Code
Market
Cap
S$m
2022 YTD
Inti flows
S$m
2022 YTD
Price Gains
%
Golden Energy & Resources AUE 1,373 4.0 79.3
Geo Energy Resources RE4 711 24.7 49.3
Rex International 5WH 467 -3.6 16.4
China Sunsine Chemical QES 458 -1.6 -4.1
RH Petrogas T13 254 3.0 87.1
Fortress Minerals OAJ 238 2.2 20.3
Jiutian Chemical C8R 161 8.0 6.6
International Cement Group KUO 155 0.7 -3.6
CNMC Goldmine 5TP 94 0.3 12.2
Interra Resources 5GI 29 -0.4 4.7
Average 26.8

Source: SGX, Refinitiv (Data as of 18 March 2022).







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