2020 has been a tumultuous year thus far. COVID-19 cases have been rising everyday and deaths from COVID-19 saw no signs of slowing down. Tourism came to a halt, and leisure places such as pubs, karaoke, movie theatres, etc. were majorly affected. As a result, economies plunged significantly, and the world superpowers are facing with one of the worst recessions in human history.
There are some industries however, faring better than others. Companies in these industries fared better in terms of demand and translated to better stock returns.
We have endeavoured and found 3 smallcap stocks listed on SGX with the highest year-to-date returns that you should take note of.