Banks, Telcos & Consumer Staples Led Sectors in April​

Categories: General Market Analysis, Economics, Financial Analysis, Equity Investments

Country or region: ASEAN

Summary:
Banks, Telcos & Consumer Staples Led Sectors in April​
  • The STI continued to outperform the region in April with Bank-led gains driving the STI’s total return to 7.1% over the first four months of 2018. This compared to an average decline of 0.1% for the benchmarks of Japan, Hong Kong and Australia.
  • The three strongest sector segments in April included Banks, with capitalisation-weighted gains of 10.7%, followed by Telecommunication Services and Consumer Staples, both with capitalisation weighted returns of 4.0%.
  • M1 led the performances of the largest Telecommunication Services stocks in April with a 7.6% total return, whilst Thai Beverage PCL and Sheng Siong Group led the largest Consumer Staples stocks with 9.6% and 9.7% respective returns.


Reference URL: http://www.sgx.com/wps/wcm/connect/sgx_en/home/newsflash/mu_02052018_1




Abstract

Banks, Telcos & Consumer Staples Led Sectors in April

  • The STI continued to outperform the region in April with Bank-led gains driving the STI’s total return to 7.1% over the first four months of 2018. This compared to an average decline of 0.1% for the benchmarks of Japan, Hong Kong and Australia.
  • The three strongest sector segments in April included Banks, with capitalisation-weighted gains of 10.7%, followed by Telecommunication Services and Consumer Staples, both with capitalisation weighted returns of 4.0%.
  • M1 led the performances of the largest Telecommunication Services stocks in April with a 7.6% total return, whilst Thai Beverage PCL and Sheng Siong Group led the largest Consumer Staples stocks with 9.6% and 9.7% respective returns.



Date of original publication:

05/02/2018


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