Two-track performance of STI stocks

The Straits Times Index (STI) was up 14.3% since the start of 2017.

Only half of 30 component stocks of STI beat the benchmark.

Stock 30/12/2016 20/7/2017 Change
YZJ Shipping 0.815 1.35 65.6%
Global Logistics 2.20 3.32 50.9%
City Dev 8.28 10.99 32.7%
UOL 5.99 7.84 30.9%
OCBC 8.92 11.05 23.9%
DBS 17.34 21.45 23.7%
CapitaLand 3.02 3.69 22.2%
Hongkong Land (USD) 6.33 7.59 19.9%
SIA Engr 3.37 4.03 19.6%
Genting Singapore 0.905 1.080 19.3%
Ascendas Reit 2.27 2.65 16.7%
CapitaComm Trust 1.48 1.72 16.2%
UOB 20.4 23.66 16.0%
ST Engr 3.23 3.73 15.5%
Jardine Matheson (USD) 55.25 63.61 15.1%
SembCorp Ind 2.85 3.24 13.7%
Keppel Corp 5.79 6.53 12.8%
Thai Bev 0.85 0.92 8.2%
Sing Tel 3.65 3.88 6.3%
CapitaMall Trust 1.885 2.00 6.1%
SIA 9.67 10.17 5.2%
SGX 7.16 7.52 5.0%
Jardine C&C 41.23 43.23 4.9%
SATS 4.85 5.03 3.7%
HPH Trust (USD) 0.435 0.445 2.3%
StarHub 2.81 2.72 -3.2%
Wilmar Intl 3.59 3.32 -7.5%
Comfort Delgro 2.47 2.28 -7.7%
Golden Agri-Res 0.43 0.385 -10.5%
SPH 3.53 2.93 -17.0%
STI ETF 2.94 3.34 13.6%
STI 2,880.76 3,293.13 14.3%

The banks and the property developers were the ones doing very well this time round.

At the bottom of the scale were well known names like SPH (-17.0%), Comfort Delgro (-7.7%), StarHub (-3.2%).

When looking at the performance of STI per se, it may look pretty impressive but water tide did not lift all boats in this case. Some stocks were performing poorly when all others were having a party. This is a two-track showing so far. The performance of the local economy and indeed the world economy has yet to be broad-based.

This makes picking winners and staying with the stocks a bit of a challenge.

If you have invested in SPDR STI ETF, the price had risen by 13.6% comparable to the benchmark (STI).

Copyright © 2017, 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.

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