What stocks moved STI to new high?

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.

Stock 31/12/2014 23/1/2015 Change
Hongkong Land (USD) 6.76 7.69 13.8%
CapitaMall Trust 2.04 2.25 10.3%
Ascendas Reit 2.38 2.57 8.0%
SIA 11.60 12.49 7.7%
CapitaLand 3.31 3.56 7.6%
JMH (USD) 60.95 65.05 6.7%
Comfort Delgro 2.60 2.76 6.2%
JSH (USD) 34.20 36.05 5.4%
HPH Trust (USD) 0.69 0.73 5.1%
Thai Bev 0.69 0.73 5.1%
SIA Engr 4.22 4.43 5.0%
Global Logistics 2.48 2.59 4.4%
City Dev 10.27 10.53 2.5%
Sing Tel 3.90 3.99 2.3%
SGX 7.81 7.96 1.9%
StarHub 4.15 4.19 1.0%
OCBC 10.46 10.46 0.0%
Wilmar Intl 3.24 3.24 0.0%
ST Engr 3.40 3.39 -0.3%
OLAM Intl 2.02 2.00 -1.0%
Jardine C&C 42.60 41.75 -2.0%
DBS 20.60 20.16 -2.1%
SembCorp Ind 4.45 4.34 -2.5%
SPH 4.21 4.08 -3.1%
UOB 24.53 23.67 -3.5%
Genting Singapore 1.08 1.04 -3.7%
SembCorp Marine 3.26 3.10 -4.9%
Golden Agri-Res 0.46 0.43 -6.5%
Noble 1.14 1.05 -7.9%
Keppel Corp 8.85 8.10 -8.5%
STI 3365.15 3411.50 1.37%

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

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

Advertisements
This entry was posted in Financial Management. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.