SGX’s 20 largest stocks averaged 12.0% return over the past year

Check out the five strongest performers.

In line with the STI which has generated a 9.1% price gain over the period while maintaining a 3.2% dividend yield, Singapore’s 20 largest capitalised stocks that are actively traded have averaged a 12.0% return over the past 12 months.

According to SGX, the 20 largest stocks that are actively traded on SGX have a combined market cap of S$ 469.5 billion. This means they account for 45.4% of the total market capitialisation of all stocks listed on SGX. These 20 stocks include 17 STI stocks. All the stocks are in the STI except for IHH Healthcare Berhad, Dairy Farm International Holdings and Great Eastern Holdings.

Including both price appreciation and dividend distributions, Singapore’s 20 largest capitalised stocks that are actively traded have averaged a 12.0% return over the past twelve months. T

Among these 20 stocks, the five strongest performers year-to-date were IHH Healthcare Berhad, Singapore Telecommunications, Hongkong Land Holdings, CapitaLand and Thai Beverage Public Company. In the year thus far, only five stocks reported negative returns, while the remaining 15 stocks reported higher total returns, bringing the average total return year-to-date to 3.6%.