Singapore’s 10 Best-Performing Materials Stocks Avg 33% YTD Returns

Category: Equity Investments

Country or region: Asia Pacific (Overall)

Summary:
Singapore’s 10 Best-Performing Materials Stocks Avg 33% YTD Returns
  • SGX lists 49 Materials stocks as categorised by GICS®. The sector, which comprises businesses involved in the processing of raw materials, has generated a market capitalisation-weighted total return of 32.9% in the 2018 YTD.
  • Singapore’s 10 best-performing Materials stocks have averaged a total return of 32.8% in the YTD, bringing their average one-year and three-year total returns to 74% and 141.6% respectively. In the YTD, these 10 stocks have generated a median total return of 27.3%, with median total returns over the last 12 months and past three years rising to 49.2% and 129.0% respectively.
  • The improved global economic outlook this year has contributed to the robust performance of the Materials stocks. The sector’s two best performers – China Sunsine Chemical and Delong – are also benefiting from steady growth in China’s economy, which expanded by a better-than-expected 6.8% in 1Q 2018.


Reference URL: http://www.sgx.com/wps/wcm/connect/sgx_en/home/newsflash/mu_17052018_1




Abstract

  • SGX lists 49 Materials stocks as categorised by GICS®. The sector, which comprises businesses involved in the processing of raw materials, has generated a market capitalisation-weighted total return of 32.9% in the 2018 YTD.
  • Singapore’s 10 best-performing Materials stocks have averaged a total return of 32.8% in the YTD, bringing their average one-year and three-year total returns to 74% and 141.6% respectively. In the YTD, these 10 stocks have generated a median total return of 27.3%, with median total returns over the last 12 months and past three years rising to 49.2% and 129.0% respectively.
  • The improved global economic outlook this year has contributed to the robust performance of the Materials stocks. The sector’s two best performers – China Sunsine Chemical and Delong – are also benefiting from steady growth in China’s economy, which expanded by a better-than-expected 6.8% in 1Q 2018.



Date of original publication:

05/17/2018


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