SGX unveils Diversified Indicative Index for healthcare firms

Discover the best performing stocks.

Singapore Exchange is ramping up its information database with the Indicative Healthcare Index, a means to get a more comprehensive perspective about the performance of the healthcare-related stocks listed on Singapore Exchange (SGX).

According to SGX, the objective of the Indicative Healthcare Index is to capture a broad representation of this segment with diversification rules in place. This complements the healthcare stocks under the two classification standards – Global Industry Classification Standard (GICS) and Industry Classification Benchmark (ICB).

In terms of 2014 year-to-date total return, the five best performing stocks detailed above were Health Management International, Singapore Medical Group, Q & M Dental Group Singapore, Riverstone Holdings and QT Vascular. They have a combined market capitalisation of S$1.2 billion.