Extensive Regional Linkages of the Consumer Sectors
Both the Consumer Discretionary and Consumer Staples Sectors have generated gains in the 2017 YTD, with Discretionary leading Staples. The majority of the biggest stocks that make up these Sectors report regional revenue. Consumer Discretionary heavyweight Dairy Farm International will join the FTSE ST Large & Mid Cap Index on 18 September. This morning, Consumer Staples stock Del Monte Pacific reported 1QFY18 net income of US$0.7 million, a turnaround from the US$7.0 million net loss in 1QFY17.