Singapore's most traded stocks record significant gains in July

Over 60 of the top stocks were from the industrial, consumer, and technology sectors.

More than 60 of Singapore’s 300 most traded stocks recorded gains in July. 

This included nine STI constituents, six Catalist-listed stocks, and over 60 stocks from the industrial, consumer, and technology sectors.

Half of the 63 stocks also booked net institutional inflow over the 7 months. 

Multi-Chem, SATS, Singtel, Civmec, Kim Heng, Accrelist, Great Eastern, Dyna-Mac, Venture, Azeus, and Hock Lian Seng saw the highest net institutional inflow acceleration in July compared to 1H24, averaging 12% price gains for the month.

In addition, Pan-United and Azeus saw their average daily turnover more than double from last year. Pan-United's revenue increased 7% and its net profit rose 22%, whilst Azeus saw a 30% revenue increase and a 68.3% net profit increase.

The top five stocks include DBS, Singtel, UOB, OCBC, and YZJ Shipbldg SGD. Meanwhile, GDS Global, Kingsmen Creative, Hafary, PEC, and HG Metal were at the foot.