SGX Market Updates

SGX Sectors & Stocks That Led the Past Month's Net Fund Inflows


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22 November 2022

  • From the 21 Oct to 21 Nov close, the STI rallied 9.4%, with Singapore’s 100 most traded stocks in 2022-to-date averaging 8.0% total returns. These 100 stocks also saw S$730 million of combined net institutional fund inflows over the month, taking their 2022-to-date net institutional fund inflows to S$1.2 billion.

  • These 100 stocks represent all key sectors, with Telecommunications, Banks, and Technology Sectors seeing the most net institutional fund inflows, proportionate to their current market capitalisation over the month, while the Energy, Materials & Resources, and Utilities Sectors saw the most proportionate net institutional fund outflows.

  • Among these 100 stocks, the 10 stocks that saw the most net institutional fund inflows proportionate to their current market capitalisation, included 4 Technology stocks – Frencken, UMS, iFAST and Venture Corp, in addition to Sembcorp Marine, CDL Hospitality Trusts, UOB, Acesian Partners, Genting Singapore, and Yangzijiang Shipbuilding.




The past one month has seen the STI gain 9.4% from the 21 Oct session that preceded the Deepavali holiday through the 21 Nov close of 3,250.62. This momentum saw the STI retest the 3,300 level on 17-18 November, a key level last tested on 13 September and 11 August.

During the one month of trading activity, Singapore’s 100 most traded stocks saw S$730 million of net institutional fund inflows. Note these are the 100 most traded stocks for the 2022-to-date (21 Nov). The past month saw a marginally less hawkish outlook for US interest rates build, which brought the 10-year U.S. Treasury yields to 3.8% levels, down from above 4.2%, while the US Dollar Index also declined from above 113 to 107. At the same time, the outlook for China growth was helped with a slew of policy moves including optimised COVID-19 rules to bolster the economy, fiscal support to small businesses, in addition to a series of supportive property market policies reportedly introduced, that includes 16 measures co-released by the People's Bank of China (PBC) and the China Banking and Insurance Regulatory Commission (CBIRC).

This saw the Telecommunications, Banks, and Technology Sectors book the highest net institutional fund inflows, proportionate to their respective current market capitalisation over the month. The Telecommunications Sector net institutional inflows were driven by SingTel (SGX:Z74) which saw S$154 million net institutional fund inflows over the month, bringing its 2022 to 21 Nov net institutional fund inflows to S$942 million. The 3 banks – DBS (SGX:D05) OCBC (SGX:O39) and UOB (SGX:U11) together saw S$502 million of net fund inflows for the month, which represents 0.25% of their combined current market capitalisation of S$197 billion.

Meanwhile the Energy, Materials & Resources, and Utilities Sectors saw the most proportionate net institutional fund outflows.



Singapore Exchange (SGX) Past Month's Net Institutional Fund Inflows by Sectors



Among these 100 stocks, the 10 stocks that saw the most net institutional fund inflows proportionate to their current market capitalisation, included four Technology stocks – Frencken (SGX:E28), UMS (SGX:558), iFAST (SGX:AIY) and Venture Corp (SGX:V03), in addition to Sembcorp Marine (SGX:S51), CDL Hospitality Trusts (SGX:J85), UOB (SGX:U11), Genting Singapore (SGX:G13), Yangzijiang Shipbuilding (SGX:BS6), and Catalist-listed Acesian Partners (SGX:5FW).

Five of these stocks were among the strongest performers of the 100 stocks over the past month. These were


The five other stocks that led the one-month performances of the broader group of 100 stocks included


Meanwhile, The Place Holdings (SGX:E27), NanoFilm Technologies (SGX:MZH), Golden Energy & Resources (SGX:AUE), Hongkong Land (SGX:H78) and Geo Energy Resources (SGX:RE4) led the decliners for the month, with NanoFilm Technologies, The Place Holdings also Golden Energy & Resources also booked the highest net fund outflows proportionate to their respective current market capitalisation for the month, along with SATS (SGX:S58) and ComfortDelGro (SGX:C52).



The list of SGX top 100 traded stocks in 2022-to-date sorted by highest net institutional fund inflows proportionate to their respective current market capitalisation are tabled below.

SGX Listed Top 100
Most Traded Stocks
In 2022-To-Date
SGX
Code
Market
Cap
S$M
Average
Daily
Turnover
S$M
YTD
Total
Return
%
YTD Net Institutional Fund
Flows
S$M
1-Month
Total Return
%
1-Month
Net Institutional
Fund Flows
S$M
1-Month
Net Institutional
Fund Flows / Market Cap
Sector
Frencken E28 448 5.1 -45 -47.89 35 9.77 2.18% Technology
Sembcorp Marine S51 4,112 14.9 60 199.49 10 68.12 1.66% Industrials
UMS 558 823 7.3 -16 -16.96 42 6.87 0.83% Technology
CDL Hospitality Trusts J85 1,546 2.9 11 9.50 23 9.47 0.61% REITs
UOB U11 50,289 90.9 16 -96.29 16 307.65 0.61% Banks
IFAST AIY 1,374 3.0 -44 -60.95 32 7.13 0.52% Technology
Acesian Partners * 5FW 21 0.7 162 0.66 17 0.11 0.51% Industrials
Genting Singapore G13 10,503 16.2 15 156.96 12 52.94 0.50% Consumer Cyclicals
Venture Corp V03 5,103 15.8 0 -54.65 11 19.18 0.38% Technology
Yangzijiang Shipbuilding BS6 5,215 32.4 101 71.77 8 19.16 0.37% Industrials
AEM AWX 1,074 9.1 -32 -26.62 13 3.87 0.36% Technology
SingTel Z74 44,230 78.2 21 941.99 16 154.21 0.35% Telecommunications
SPH REIT SK6U 2,560 2.4 -3 -6.54 15 8.88 0.35% REITs
Raffles Medical BSL 2,503 2.9 1 6.24 12 8.11 0.32% Healthcare
Keppel Corporation BN4 12,929 26.7 52 380.98 13 36.80 0.28% Industrials
Samudera Shipping S56 493 2.4 100 26.04 16 1.38 0.28% Industrials
SIA C6L 16,308 27.0 10 72.37 9 43.73 0.27% Industrials
Keppel DC REIT AJBU 3,145 11.4 -23 -136.25 14 8.23 0.26% REITs
OCBC Bank O39 55,958 80.0 14 565.63 8 132.75 0.24% Banks
CapitaLand Investment 9CI 18,462 31.7 10 109.07 14 34.99 0.19% Financial Services
Top Glove BVA 2,242 2.4 -64 -9.78 30 3.90 0.17% Healthcare
CapitaLand India Trust CY6U 1,393 3.2 -10 -36.79 13 2.24 0.16% REITs
Golden Agri-Resources E5H 3,614 6.7 24 16.04 7 5.61 0.16% Consumer Non-Cyclicals
First Resources EB5 2,527 5.7 11 4.95 10 3.67 0.15% Consumer Non-Cyclicals
Far East Hospitality Trust Q5T 1,193 1.1 7 0.28 12 1.52 0.13% REITs
Mapletree Pan Asia Commercial Trust N2IU 8,954 27.7 -10 -127.47 12 11.12 0.12% REITs
CapitaLand Integrated Commercial Trust C38U 13,331 48.8 1 97.26 16 14.42 0.11% REITs
Hong Fok H30 791 1.4 28 18.99 7 0.81 0.10% Real Estate (excl. REITs)
City Developments C09 7,373 14.8 26 298.44 11 7.24 0.10% Real Estate (excl. REITs)
SingPost S08 1,204 1.9 -16 -7.26 6 1.14 0.09% Industrials
ST Engineering S63 10,741 20.9 -4 -89.81 11 9.45 0.09% Industrials
ISDN I07 164 1.0 -47 -3.43 3 0.13 0.08% Technology
Sheng Siong OV8 2,406 3.7 14 68.68 -2 1.85 0.08% Consumer Non-Cyclicals
SGX S68 9,836 24.1 2 25.71 13 7.20 0.07% Financial Services
DBS D05 90,746 148.5 13 0.31 10 61.88 0.07% Banks
Dyna-Mac NO4 185 1.9 98 3.01 0 0.10 0.06% Industrials
Olam Group VC2 5,337 2.9 -16 -31.36 11 2.73 0.05% Consumer Non-Cyclicals
Aztech Global 8AZ 621 1.1 1 -7.36 9 0.26 0.04% Technology
Thai Beverage Y92 15,449 13.7 -4 -61.46 9 6.09 0.04% Consumer Non-Cyclicals
Parkway Life REIT C2PU 2,420 2.7 -20 -20.43 8 0.85 0.04% REITs
Golden Energy Resources AUE 2,031 5.4 166 17.13 -12 0.53 0.03% Energy/ Oil & Gas
Keppel Infrastructure Trust A7RU 2,696 3.0 6 -6.35 7 0.69 0.03% Utilities
DFI Retail Group D01 4,667 2.7 -8 -9.64 14 0.89 0.02% Consumer Non-Cyclicals
ESR-LOGOS REIT J91U 2,352 4.1 -23 -24.75 9 0.42 0.02% REITs
UOL U14 5,498 8.6 -6 -4.85 9 0.72 0.01% Real Estate (excl. REITs)
Wilmar International F34 25,403 30.1 2 74.45 16 3.26 0.01% Consumer Non-Cyclicals
OUE Commercial REIT TS0U 1,858 0.7 -18 -15.56 11 0.20 0.01% REITs
Rex International 5WH 293 5.4 -25 -13.73 -2 0.02 0.01% Energy/ Oil & Gas
The Hour Glass AGS 1,383 1.4 7 41.61 8 0.08 0.01% Consumer Cyclicals
Wing Tai W05 1,148 0.9 -12 -37.23 6 -0.05 0.00% Real Estate (excl. REITs)
Emperador Inc. EMI 7,632 2.1 N/A -3.44 -1 -0.68 -0.01% Consumer Non-Cyclicals
CapitaLand Ascott Trust HMN 3,273 7.4 -3 9.10 9 -0.41 -0.01% REITs
CapitaLand China Trust AU8U 1,791 4.9 -5 -71.86 14 -0.30 -0.02% REITs
NIO Inc. NIO 21,626 5.1 N/A -23.50 -7 -4.81 -0.02% Consumer Cyclicals
Starhill Global REIT P40U 1,214 1.2 -12 -12.08 11 -0.29 -0.02% REITs
SIA Engineering S59 2,505 1.4 2 13.01 9 -0.80 -0.03% Industrials
Keppel Pacific Oak US REIT CMOU 821 0.9 -21 -17.34 13 -0.39 -0.05% REITs
Hutchison Ports Holdings Trust NS8U 2,163 2.3 -11 12.51 -1 -1.15 -0.05% Industrials
Japfa UD2 1,040 1.1 -14 1.02 1 -0.61 -0.06% Consumer Non-Cyclicals
Silverlake Axis 5CP 828 0.6 23 13.62 7 -0.60 -0.07% Technology
Yoma Strategic Z59 215 0.9 -27 -1.18 19 -0.16 -0.07% Real Estate (excl. REITs)
Mapletree Industrial Trust ME8U 6,084 16.8 -12 -177.94 7 -5.32 -0.09% REITs
mm2 Asia 1B0 126 0.6 -12 -4.27 2 -0.12 -0.09% Consumer Cyclicals
Yanlord Land Z25 1,874 1.3 -7 -14.29 7 -1.74 -0.09% Real Estate (excl. REITs)
Manulife US REIT BTOU 931 2.0 -39 -25.37 12 -0.87 -0.09% REITs
Daiwa House Logistics Trust DHLU 429 0.7 -17 -22.96 19 -0.41 -0.10% REITs
Parkson Retail Asia ^ O9E 36 0.6 382 0.14 10 -0.04 -0.10% Consumer Cyclicals
Jardine C&C C07 11,818 13.7 51 124.57 -2 -12.44 -0.11% Consumer Cyclicals
AIMS APAC REIT O5RU 905 1.7 -7 -24.52 14 -0.99 -0.11% REITs
Straits Trading Co. S20 1,026 0.9 -17 -2.81 9 -1.13 -0.11% Materials & Resources
Mapletree Logistics Trust M44U 7,743 25.3 -11 -77.64 14 -8.87 -0.11% REITs
StarHub CC3 1,832 1.5 -18 -24.69 4 -2.12 -0.12% Telecommunications
Cromwell European REIT CWBU 1,241 0.9 -39 -12.60 5 -1.53 -0.12% REITs
Sasseur REIT CRPU 945 1.5 -3 -38.61 14 -1.31 -0.14% REITs
Jardine Matheson J36 18,747 25.4 -9 -38.28 -4 -27.22 -0.15% Industrials
Bumitama Agri P8Z 1,023 1.0 16 11.43 1 -1.56 -0.15% Consumer Non-Cyclicals
RH PetroGas T13 147 3.3 9 -5.60 -1 -0.23 -0.15% Energy/ Oil & Gas
Riverstone AP4 897 2.9 7 31.41 10 -1.40 -0.16% Healthcare
Hongkong Land H78 12,557 16.3 -20 0.45 -10 -22.40 -0.18% Real Estate (excl. REITs)
Digital Core REIT DCRU 904 4.8 -47 -13.55 -2 -1.80 -0.20% REITs
Frasers Logistics & Commercial Trust BUOU 4,066 13.4 -23 -69.65 6 -8.25 -0.20% REITs
Lendlease REIT JYEU 1,624 6.2 -13 -9.06 8 -3.59 -0.22% REITs
Haw Par H02 2,068 1.1 -16 -29.25 4 -4.62 -0.22% Healthcare
CapitaLand Ascendas REIT A17U 11,469 33.2 -2 -110.36 11 -29.08 -0.25% REITs
Sembcorp Industries U96 5,425 13.7 56 176.97 9 -14.10 -0.26% Utilities
Frasers Centrepoint Trust J69U 3,442 7.4 -8 -42.80 6 -10.29 -0.30% REITs
Chip Eng Seng C29 565 1.0 84 10.54 0 -1.81 -0.32% Real Estate (excl. REITs)
Prime US REIT OXMU 806 1.1 -33 -23.57 4 -2.72 -0.34% REITs
NetLink NBN Trust CJLU 3,351 6.9 -9 -114.09 7 -11.87 -0.35% Telecommunications
MarcoPolo Marine 5LY 152 0.9 59 3.35 23 -0.54 -0.35% Industrials
Suntec REIT T82U 4,026 18.5 -2 -8.34 2 -14.57 -0.36% REITs
Frasers Hospitality Trust ACV 828 1.9 -5 6.53 2 -3.67 -0.44% REITs
Jiutian Chemical * C8R 147 2.6 6 19.24 4 -0.87 -0.59% Materials & Resources
Keppel REIT K71U 3,349 10.2 -17 -54.19 1 -30.75 -0.92% REITs
Yangzijiang Financial YF8 1,273 14.6 N/A -235.52 0 -13.70 -1.08% Financial Services
ComfortDelGro C52 2,708 14.4 -7 -108.95 -2 -30.53 -1.13% Industrials
Geo Energy Resources RE4 499 6.5 28 -15.79 -8 -6.07 -1.22% Energy/ Oil & Gas
SATS S58 3,002 13.3 -31 -148.58 2 -43.01 -1.43% Industrials
The Place Holdings E27 118 0.8 -75 -8.03 -33 -1.76 -1.50% Financial Services
Nanofilm Technologies MZH 835 4.2 -66 -94.83 -27 -19.01 -2.28% Technology
Average 6.2 8.0
Total 627,080 1,178 1,002.5 729.8

Note: Data as of 21 Nov 2022 (Source: SGX, Refinitiv, Bloomberg).
* listed on Catalist.
^ on SGX Watchlist.







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