The Straits Times Index (STI) did very well for 201. It was up 18.1% since the start of 2017 to end at 3,402.92 points.
12 stocks of the 30 component stocks of STI beat the benchmark.
|Hongkong Land (USD)||6.33||7.04||11.2%|
|Jardine Matheson (USD)||55.25||60.75||10.0%|
|HPH Trust (USD)||0.435||0.415||-4.6%|
The three local banks (DBS, OCBC, UOB) and two major property developers (City Development, UOL) were the ones doing very well. The outliers at the top of the scale were YZJ Shipping and Global Logistics. They were phenomenal. Genting Singapore, CapitaLand Commercial Trust, Keppel Corp, Ascendas Reit, Jardine Strategic, completed the list of 12 top performers.
At the bottom of the scale were well known names like SPH (-24.4%), Comfort Delgro (-19.8%).
If one has invested in SPDR STI ETF, the price had risen by 17.3%, comparable to the benchmark (STI).
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