Average 19% YTD Gain in Key Mining Stocks


SGX lists four stocks mining industrial minerals including tantalite, phosphate, limestone and marble, four coal mining stocks and three gold mining stocks. These 11 stocks are at different stages in the exploration, development, production cycle and have averaged a 19.0% gain in 2017 YTD. Of the three segments, mining industrial minerals has been the strongest performer in the 2017 YTD with an … [Read more...]

Ascendas REIT is now Singapore’s Largest Capitalised REIT


Ascendas REIT has recently replaced CapitaLand Mall Trust as Singapore's largest capitalised REIT – and has been the second-best performing REIT in the YTD with an 11.9% total return. The capitalisation of Singapore’s REIT Sector has almost doubled over the past five years. Singapore’s REIT Sector also maintains a competitive edge with higher average yields and lower average gearing ratios than … [Read more...]

Highlights of Yangzijiang Shipbuilding, Sembcorp Marine & Ezion Holdings


Yangzijiang Shipbuilding, the largest private shipbuilder in China, has registered a total return of +20.3% year-to-date. Sembcorp Marine, a global leader in marine & offshore engineering solutions, has total returns of +38.0% year-to-date. Ezion Holdings, the largest offshore services provider listed on SGX, has total returns of -1.3% on a year-to-date basis. The stock, however, has … [Read more...]

Industrial REITs generated a total return of +8.2% YTD (STI +8.1%)


Industrial REITs in the SGX S-REIT index generated a total return of +8.2 YTD (SGX S-REIT Index +6.0%), similar to the Straits Times Index’s (STI) +8.1%. The sub-industry forms the largest share in the SGX S-REIT index with 8 members and a total weightage of 26.5%. The top three performing Industrial REITs in the YTD are Sabana Shari'ah Compliant Industrial REIT (+18.4%), Ascendas REIT … [Read more...]

Rising Government Spending Bodes Well for Healthcare Sector


The SGX All Healthcare Index generated a total return of 16.2% over the past 12 months, outperforming the MSCI AC Asia Pacific Ex Japan Healthcare Index and the MSCI World Healthcare Index, which generated total returns of -0.5% and 10.4% respectively. The five best-performing stocks in the SGX All Healthcare Index excluding International Healthway Corporation are Talkmed Group (+35.8%), … [Read more...]

Electronic Components Stocks Shine as Exports Gain Momentum


Singapore’s Electronics exports rose 6.1% to S$4.3 billion in January 2017 from the same period a year ago. This rising trend in Singapore’s electronics exports generally bodes well for the Electronic Components sub-segment. The Electronic Components sub-industry was among best performing sub-sectors in Singapore’s IT industry, generating average total returns of 31.7% and 66.7% in the … [Read more...]

Highlights of Singapore’s 10 Largest OSV Players


Singapore’s 32 Offshore Supply Vessels (OSV) stocks have rebounded 17.2% in the year-to-date in tandem with the recent oil price rally. OSVs are one of the key beneficiaries of a crude oil price recovery. The 10 biggest OSV stocks listed on SGX have averaged a YTD total return of 28.9%, against total returns of 0.9% for the SGX MOE Index, a benchmark for the MOE Sector. Despite the rally, … [Read more...]

Real Estate Sector Outperformed in the Year to Date


SGX’s Real Estate Developers and Operators have returned 12% YTD, outperforming the STI’s +8%. Despite the rally, the price-to-book ratio of the Sector is still trading near one standard deviation below its historical mean. Potential drivers for the Singapore property market exist on both the supply and demand front. The biggest Real Estate Developer stocks with substantial Singapore exposure … [Read more...]

SGX S-REIT 20 Index Registered Total Returns of 6.2% in YTD


Benchmark SGX S-REIT 20 Index returned 6.2% in the YTD. Retail and Industrial REITs were the outperforming sub-segments Key metrics from Oct-Dec quarter earnings suggest weaknesses in office property, while the Industrials and Retail segments remain relatively resilient. Within the Index, Retail REITs were the best-performing sub-segment with a market capitalisation-weighted total return of … [Read more...]

Recent Moves of Singapore’s Biggest Shipyards Stocks


Singapore’s largest capitalised stocks that operate shipyards are Keppel Corp, Sembcorp Marine and Yangzijiang Shipbuilding. The three stocks have averaged a 5.9% YTD gain (as of 3 Feb 2017) in line with STI’s +5.8%. Despite oil price recovery, outlook for shipyards remains challenging with excess yard capacity. Resilience through cost and balance sheet management is key. Of the three … [Read more...]

Sector Returns and Institutional Fund Flow Shifts


Industrials, Real Estate Developers, and Energy total returns paced overall Singapore stock market in January. In the month of January, the market capitalization weighted average total returns for the overall Singapore stock market was at +4.5%, which compares with the Straits Times Index (STI) +5.8%. By sector*, the market was paced by Industrials (+7.5%), Real Estate Developers (+7.5%) and … [Read more...]

STI is Asia’s Strongest Benchmark in 2017 YTD


The STI has generated a 5.6% gain in the year thus far (as of this afternoon), compared to an average 2.5% return for the Nikkei 225 and Hang Seng Index, and an average 1.0% return for the FTSE Malaysia KLCI, Stock Exchange of Thailand SET Index and the Jakarta Composite Index. The five strongest STI stocks in the 2017 year through to the Lunar New Year Holiday were Global Logistic Properties … [Read more...]

Futuristic: A Consumer Proxy With a Dash of Quirky


Construction industry veteran David Low believes the future revolves around crazy ideas - bold, off-the-wall concepts that can help businesses make a quantum leap forward and remain relevant in a changing world. With this in mind, the founder and Chief Executive Officer of Singapore-based Futuristic Store Fixtures Pte Ltd aims to hire more millennials, a generation with a penchant for the wacky … [Read more...]

CAO Hits Energy, Aviation Sweet Spots


The Chief Operating Officer of Mainboard-listed China Aviation Oil adheres to a strict code of ethics, and can be a contrarian of sorts. A seasoned trader, Jean Teo is known to be a straight shooter. "As senior management, there's a need to stand firm and say 'No', even to the boss - I know this is uncommon in a Chinese-run firm, but it's important to do what is right," Teo said with a … [Read more...]

Singapore Healthcare Stocks Kick Off 2017 on Strong Note


The SGX All Healthcare Index has generated a 0.7% total return in the January MTD, following a total return of 6.0% in the 2016 calendar year. This brings its five-year annualised total return to 11.2%. The 10 best-performing constituents of the SGX All Healthcare index averaged MTD and one-year total returns of 9.8% and 22.2% respectively. These stocks outperformed the 10 largest Healthcare … [Read more...]

Recent Resilience of the Capital Goods Industry


Stocks categorised to the Capital Goods Industry are involved in a wide range of manufacturing and distribution activities. The majority of Singapore’s 20 biggest Capital Goods stocks have business activities that span across Asia. Singapore lists the third biggest Capital Goods stock in Asia Pacific – Industrial Conglomerate, Jardine Matheson Holdings, which re-joined the STI in November. Over … [Read more...]

Retail REITs Led Sector Performance in Recent Years

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Singapore’s REIT Sector has averaged a 2.1% YTD gain, taking the average 12-month total return to 13.2%. The Bloomberg Asia REIT Index performed similarly with a 0.8% YTD gain, and 12-month 12.3% total return. Retail REITs have been the best-performing of the biggest REIT segments in 2017 YTD, in addition to the last three years, with average 36.7% total returns. The Retail REITs also maintain … [Read more...]

SGX Real Estate 20 Index Began 2017 with Broad-Based Gains


All constituents of the SGX Real Estate 20 Index generated positive gains in the first five sessions of 2017; returns of the 20 stocks averaged 3.7%, taking average 12 month total returns to 14.6%. The SGX Real Estate 20 Index makes up one-tenth of the total market capitalisation of all stocks listed on SGX. The Index includes the eight Real Estate plays within the STI, in addition to three of … [Read more...]

10 Biggest Mid Cap Index Constituents Averaged 16% Returns in 2016


The FTSE ST Mid Cap Index is made up of 40 mid-capitalised stocks with a combined market capitalisation of S$100 billion. Like the larger capitalised STI, it is a free float-adjusted market capitalisation-weighted Index. For the 2016 year, the FTSE ST Mid Cap Index generated a 6.5% total return, taking its five-year total return to 44.5%. The 10 biggest weights of the Index have averaged a … [Read more...]

Consumer Staples Sector Surged 26% in 2016


In 2016, Singapore’s Consumer Staples Sector surged 25.8% on a capitalisation-weighted total return basis. There was a degree of consistency in the returns of the 10 biggest stocks of the Sector with total returns averaging 28.9%.   Among the 10 biggest stocks of the Consumer Staples Sector, the three best performers were Japfa, Super Group & GAR. For the nine months ending 30 Sep 2016: … [Read more...]