The Straits Times Index (STI) rose to a new 52-week high on Friday (23 Jan 2015). It increased 1.37% from the start of the year to end at 3,411.50 points.
What were the 30 component stocks making up the STI that moved the Index higher over the same period? See table below.
|Hongkong Land (USD)||6.76||7.69||13.8%|
|HPH Trust (USD)||0.69||0.73||5.1%|
16 of the 30 stocks were in positive territory. 2 stocks were unchanged. 12 stocks went down from the start of the year.
Hongkong Land, CapitaMall Trust, Ascendas Reit, SIA, CapitaLand, JMH, and Comfort Delgro were at the top. The bottom stocks were Keppel Corp, Noble, Golden Agri-Res, and SembCorp Marine. The pattern was that Oil & Marine stocks were badly affected by plunging oil prices. The reverse was true for companies with reliance on oil as costs of doing businesses such as SIA and Comfort Delgro. The commodity stocks such as Noble and Golden Agri-Res were affected by drop in commodity prices globally. CapitaLand and 2 Reits did very well this round. JMH and Hongkong Land (part of Jardine Matheson group) did well to stand out from most of the STI component stocks.
Same cautionary advice: Use this information with caution.
Copyright © 2015, limkimtong for Living Investment
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