SGX 5 Best-Performing Indonesia-Based Stocks Average 19% Return in YTD
SGX has strong links to the different ASEAN markets. It lists over 20 companies which are either headquartered or have their core operations based in Indonesia, and these stocks have a combined market cap of nearly S$20 billion. The 5 best-performing Indonesia-based stocks in the YTD were: Lippo Malls Indonesia Retail Trust (+26.4%), QAF (+17.9%), Moya Holdings (+17.1%), Golden Agri-Resources (+16.3%), and Indofood Agri Resources (+15.2%).