Chart of the Day: Top 10 industrial stocks hit average returns of 12.7% in 2018

City Neon had the highest returns of 39% in 2018.

This chart from the Singapore Exchange (SGX) shows that the top 10 best performing industrial stocks with market cap of over $200m saw an average total return of +12.7% in 2018. This brings their 3Y and %Y total returns to 48.5% and 86.5%, respectively, which is higher compared to the -6.5% registered total return of the 30-constituent benchmark stocks.

SGX noted that the three best performers amongst the top ten were City Neon (+39%), Keppel T&T (21.2%) and Jardine Matheson (+19.8%). The top three saw total average returns of 26.7% in 2018.

“SGX lists more than 200 stocks in the Industrials Sector, which was the second best-performing segment in calendar year 2018 with a market capitalisation-weighted average total return of 1.0%,” the local bourse said. “This follows the Materials Sector’s market cap-weighted average total return of 30.1% over the same period.”