, Singapore

Chart of the day: Top consumer staples stocks reverse 2018 decline as YTD returns hit 12.9%

Indofood Agri Resources' returns hit 46.6%.

This chart from SGX shows the details of the 20 largest consumer staples stocks on the stock exchange with a combined average of 12.9% total return and market cap of more than $80b in Q1 2019.

The top three are identified to be Indofood Agri Resources (+46.6%), QAF Ltd (+44.4%) and Thai Beverage PCL (+38.0%).

SGX also said that the majority of these players report more than half their revenues to the Asia Pacific and/or global markets, excluding Singapore.

Consumer staples was the second-best performing sector in Q1 with 13.9% total return, reversing the -2.9% decline in 2018. It was also amongst the top net buy sectors for the quarter, garnering total institutional inflows of $61.5m.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley