
DollarsAndSense.sg
2019-02-10 10:01:31
4 Stocks This Week (Utilities) [8Feb 2019] – Keppel Infra Trust; CITIC Envirotech; China Everbright Water; China Jinjiang Environment
The Utilities sector on SGX is made up of companies that are in the business of providing gas, electricity or water. While traditionally thought of as defensive in nature, with population growth as a key driver, Utilities stocks have shown themselves to have comparable volatility (and growth potential) with the broader stock market.
The five largest capitalised Utility stocks on SGX are Keppel Infrastructure Trust, CITIC Envirotech, China Everbright Water, China Jinjiang Environment and SIIC Environment Holdings, which has a combined market capitalisation of about $5.7 billion. These five stocks started 2019 strong, delivering an average year-to-date return of 17%.
In this instalment of 4 Stocks This Week, we’ll take a closer look at four of these stocks.
Keppel Infrastructure Trust (SGX