Singapore’s Billionaire Stocks with an Agriculture Focus

Categories: Industry/Sector Analysis, General Market Analysis, Fundamental Analysis, Financial Analysis, Investor Education, Equity Investments

Country or region: South-East Asia

Summary:
  • Singapore lists six stocks with a market capitalisation above S$1 billion that maintain a significant Agriculture business. Swings of the six stocks in recent years have coincided with swings of international agriculture commodity prices.
  • Institutions have been net buyers of four of the six stocks over the first seven months of 2018. Overall the six stocks were together subject to net buy inflows totalling S$81 million, led by inflows into Wilmar International, Japfa and Olam International.
  • In the 2018 YTD, the six stocks averaged 4% gains compared to the global agriculture benchmarks generating marginal declines. Four of the six reported net profit growth in 2QFY18 & Japfa’s stock performance is the strongest of the six in the 2018 YTD.


Reference URL: http://www.sgx.com/wps/wcm/connect/sgx_en/home/newsflash/mu_28082018_1




Abstract

  • Singapore lists six stocks with a market capitalisation above S$1 billion that maintain a significant Agriculture business. Swings of the six stocks in recent years have coincided with swings of international agriculture commodity prices.
  • Institutions have been net buyers of four of the six stocks over the first seven months of 2018. Overall the six stocks were together subject to net buy inflows totalling S$81 million, led by inflows into Wilmar International, Japfa and Olam International.
  • In the 2018 YTD, the six stocks averaged 4% gains compared to the global agriculture benchmarks generating marginal declines. Four of the six reported net profit growth in 2QFY18 & Japfa’s stock performance is the strongest of the six in the 2018 YTD.



Date of original publication:

08/28/2018


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