Indexes are tools that investors across the world used to gauge the sentiments of the market. Stock indexes are essentially a measurement of a section of the stock market.

Renowned stock indexes such as S&P 500, Dow Jones Industrial Average, and NASDAQ composite are closely watched by investors. These indexes are used as a proxy to assess the USA market.

For local investors, Straits Times Index (STI) is a barometer for the sentiments of Singapore’s equities. STI has returned a commendable 11.1% year-to-date. However, skilled investors are always on the lookout for stocks that will beat this benchmark index.

Here are 3 small cap stocks that have outpaced the STI index that you should take into consideration.

Hi-P International Limited was established in 1980 and listed on SGX in 2003. The group is a one-stop solutions provider – from product development, component manufacturing to product assembly.