SGX Liquidity-themed Consumer Sector Index Posts 10% YTD Gain
For 2019 YTD, the FTSE ST Consumer Goods & Services Liquid 20 Index generated a 9.9% total return, a turnaround from its 9.2% decline in 2018. In 2019 YTD, as many as 18 of the 20 stocks have generated gains, with performances led by ThaiBev, Olam Int & Genting SG. The median P/E of the Liquid 20 constituents is 17.6x and compares to 17.3x for the top quartile of Consumer Goods & Services stocks by Market Cap, across the stock markets of Japan, Hong Kong, Taiwan, Korea, Australia and New Zealand.