June was a quiet month for the Straits Times Index (SGX: ^STI). The SPDR STI ETF (SGX: ES3), which tracks the index, returned 1.8%. Three names did far better. SATS (SGX: S58) led with a total return of 14.7%, and Singapore Airlines (SGX: C6L) followed at 13.1%. Singapore Exchange (SGX: S68) came in at 9.6%. All three outran the index by at least 7.8 percentage points, and each did it for a different reason. Here is what investors were likely responding to.

Why did SATS climb the most?

SATS closed its fiscal year 2026 (FY2026) with a record set of numbers. Revenue rose 9.0% year on year to S$6.3 billion, while net profit attributable to shareholders climbed 17.0% to S$285.2 million. Operating margin widened from 8.2% to 8.6%. The engine was Gateway Services – revenue there grew 10.8% year on year (YoY) to S$5.0 billion. Cargo volumes hit 9.7 million tonnes, up 7.0%, beating IATA benchmarks for 10 straight quarters. Food Solutions added 2.9% to S$1.4 billion....