The non-weighted average 90 day volatility of the 30 STI constituents increased to an annualised 24.2% at the end of July, up from 22.5% at the end of June, and up from 16.7% at the end of 2017. As many as 19 STI stocks averaged daily trading ranges over 1.50% over the month of July which was up from 15 stocks for the first six months of 2018. These 19 stocks averaged annualised 22.3% intraday volatility over July.
The FTSE Value-Stocks ASEAN Index has generated a 12% total return in SGD terms over the past 12 months, outperforming both the FTSE/ASEAN 40 Index with a 10% total return and FTSE ASEAN All-Share Index with a 3% total return. The FTSE Value-Stocks ASEAN Index is comprised of the largest capitalised stocks of the FTSE Global All Cap Index that meet three sets of value-investing screening criteria, namely Contrarian, Quality & Valuation screenings which are then ranked by lowest P/E Ratios.
SGX lists Jardine Matheson Holdings and Jardine Strategic Holdings, in addition to four companies held by Jardine Strategic Holdings – Hongkong Land, Dairy Farm International, Mandarin Oriental and Jardine Cycle & Carriage. Four of the stocks represent approx. 13% of the STI and approx. 7% of the MSCI Hong Kong Index.
There are nearly 200 companies listed on SGX that have a market cap range of S$100 million to slightly above S$2 billion. Based on classifications by the FTSE ST Index series, these stocks fall into the small-cap category. Within this universe of 200 small-cap stocks, more than 30 of them derive 50% and above of group revenues from China.
DLF Holdings, an established Singapore-based mechanical & electrical (M&E) engineering services and solutions provider, made its debut on SGX Catalist today. It has two main business segments – Project Management Services and Turnkey Contracting Services. Some drivers in Singapore’s M&E industry include continued growth of Singapore’s tourism and hospitality sector, property sector outlook and population growth, development and potential of the tourism industry in the region as well as Maldives, and outlook of the oil & gas industry.
The FTSE ST Small Cap Index comprises 65 constituents with an average market cap of S$750 million, with a range between S$103 million and S$2.6 billion. Excluding the REITs and business trusts in the FTSE ST Small Cap Index, the 10 best-yielding constituents have dividend yields ranging from 4.6% to 10.6%, above the benchmark STI’s yield of about 4%.
Koufu Group, one of Singapore’s most established and largest operators of food courts and coffee shops in Singapore, made its debut on SGX Mainboard today. It has two main business segments – Outlet & Mall Management and F&B Retail.
Of the 13 Restaurant stocks listed on SGX, the 10 largest have a combined market capitalisation of close to S$2.0 billion. Most of these companies have businesses outside of Singapore or overseas expansion plans.
It might not be a stretch to say that bridge - one of the world's most popular card games - is in Wang Yuanluo's blood. An accomplished bridge enthusiast, the Chairman of SGX-listed China Jinjiang Environment Holding Co Ltd hones her management skills by playing the tactical game, which involves partnerships, auctions, and contracts.
The FTSE ST Small Cap Index comprises 65 constituents that average a market cap of S$750 million, ranging from S$103 million to S$2.6 billion. Beyond the Index are nearly 200 stocks listed on SGX that fall within this market cap range. The 10 largest constituents of the FTSE ST Small Cap Index account for about 40% of index weight, and represent the Real Estate sector.