
DollarsAndSense.sg
2021-01-04 23:07:53
10 Companies That Beat The Straits Times Index (STI) in 2020
To say that 2020 has been a wild ride will be an understatement, especially in the stock markets. We entered 2020 on the back of the longest bull run on record, quickly plunged into the fastest 30% stock market decline in history after COVID-19 uncertainties unravelled, and subsequently re-entered a new bull run after markets gained 20% in a matter of weeks.
What Was The STI Return In 2020?
At the end of 2020, Singapore’s benchmark index – the Straits Times Index (STI) – delivered a return of close to -8%. This was a weak showing compared to other major global indexes, such as the S&P 500 which delivered a positive return of 18% and ended close to its all-time highs.
Note that to gain investment exposure to the STI, we have to invest in one of the two STI ETFs listed on the Singa