Dear readers, the Singapore Straits Times Index (STI) has headed north by 8.3% year-to-date as at 27 Aug 21. There has been a number of STI stocks which has gained year-to-date as compared to Year 2020. Subsequently, there has been a number of STI which has retreated into negative territory as compared to Year 2020.
The top three STI losers for the year-to-date and their year-to-date losses are:
UOL Group stock, Wilmar International stock: -7.3% each
City Developments stock: -12.2%
Dairy Farm International stock: -12.6%
On the other end of the spectrum, the top three STI winners for the year-to-date and their year-to-date gains are:
DBS stock: 23%
Capitaland stock: 26.3%
Yangzijiang Shipbuilding stock: 75.9%
The best performing STI stock year-to-date is Yangzijiang Shipbuilding stock with a year-to-date gain of 75.9%. The stock gained 13.99% for the previous week. Even after the stellar performance year-to-date, Yangzijiang stock is still undervalued at 0.91 Price-to-Book ratio.
Note: this stock is not a recommendation to invest in Yangzijiang Shipbuilding stock, investors have to do their own due diligence where it comes to investing.
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