Defensive Nature of SGX Consumer Staples Stocks Draws Fund Flows
In Jan-May 2019, the Consumer Staples sector attracted net institutional inflows of S$112.4 million. The sector was among the top net buy sectors for institutional investors in the month of May, garnering net inflows of S$46.1 million. In May 2019, the five stocks in the Consumer Staples sector that garnered the highest net institutional inflows were: ThaiBev (+S$12.1 million), Sheng Siong (+S$10.2 million), Wilmar (+S$9.3 million), Golden Agri-Resources (+S$7.2 million) and Dairy Farm (+S$5.4 million).