The Straits Times Index (STI) declined 0.07% to 2,880.76 points by end 2016. The index hardly moved in a year. But when you look at individual stocks, the story is so different. There were stocks that were up 26% and some stocks were down 24-26% at the other end.
The price changes of 30 component stocks that make up the STI are shown below.
|Jardine Matheson (USD)||60.95||48.73||55.25||13.4%|
|Hongkong Land (USD)||6.76||7.00||6.33||-9.6%|
|HPH Trust (USD)||0.69||0.53||0.435||-17.9%|
|SPDR STI ETF||3.40||2.95||2.94||-0.34%|
*Change is between 2016 and 2015
The 30 component stocks were split in the middle. About half of 30 stocks were positive and the other stocks were negative. That explains why the STI hardly moved for the year when we combine all stocks into one index.
The top 7 and bottom 7 stocks are listed below:
|Top performing stocks:|
|Jardine Matheson (USD)||48.73||55.25||13.4%|
|Bottom performing stocks:|
|HPH Trust (USD)||0.53||0.435||-17.9%|
SATS continued to run up very well since 2015. (SATS was only added as STI component stock in 2015.)
The bottom seven came from SPH, Keppel Corp, SIA, HPH Trust, Comfort Delgro, StarHub and YZJ Shipping.
Notice that the SPDR STI ETF was down 0.34% tracking the STI (down 0.07%).
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