• Singapore’s Retail Sales Report for Jan 2018 is scheduled to be released by the Department of Statistics at 1pm today.  Consensus estimates expect a 2.4% YoY gain for Jan 2018, following a 4.6% YoY gain in Dec 2017.

 

  • SGX lists a handful of stocks that reported ALL revenue to Singapore in their most recent Annual Reports – these five stocks have been comparatively strong over the first 10 weeks of 2018, with a median gain of 3.4% following median a decline of 12.0% in 2017. 
  • The two largest capitalised stocks of the five stocks are Sheng Siong Group and Challenger Technologies. Both companies reported FY17 Net Profit growth, with Sheng Siong’s Net Profit up 11% YoY & Challenger Technologies Net Profit up 35% YoY.