These are the best-performing mid caps so far this year

NOL is a clear winner.

Takeover talks pushed Neptune Orient Lines to become the SGX's best-performing mid-cap so far this year.

NOL boasts a total year-to-date return of 43.5%, besting other companies in the FTSE ST Mid Cap Index.

The index's second-best performer is Biosensors International, which has a total year-to-date return of 37.6%. Meanwhile, airline service provider SATS came in third with a total year-to-date return of 35.6%.

Venture Corporation came in fourth with a total year-to-date return of 14.8%, while SIIC Environment Holdings was the fifth-best performer with a year-to-date return of 11.6%.
These five stocks have a combined market capitalisation of S$13.0 billion, and represent 13.5% of the Index. Together, they averaged a 28.6% total return over the period, which brought their three-year returns to 47.1%.