Over the first three weeks of 2013, two Catalist stocks have moved to the Mainboard, one stock debuted on Catalist, two ETFs became non-SIP, earnings season has started and the ST Basic Materials Index and ST Telecommunications Index have outperformed the broader market.
 
The two companies that moved to the Mainboard in January are Interra Resources (5GI) and Swissco Holdings (5FD). Both companies have involvement with the Oil & Gas industry with Interra Resources categorised to the Oil & Gas producers sector by Industrial Classification Benchmark (ICB) and Swissco Holdings categorised to the Industrial Transportation sector by ICB. The FTSE Oil & Gas Index has firmed 3.0% in the month to date.
 
Sector outperformers in month thus far
 
Over the first three weeks of January the Straits Times Index (STI) firmed 1.4%. As discussed in Market updates last week the two outperforming FTSE ST sector ...