Dear readers, the Singapore Straits Times Index (STI) has been performing in a lacklustre manner hence what is noteworthy is to note which STI stock was the best weekly performer for the week ended 1 Jul 22.
That “accoldade” went to Hong Kong Land Holdings stock.
Hong Kong Land Holdings stock was the best weekly performer for the week ended 1 Jul 22, with a 3.27% weekly gain. Even with this 3.27% weekly gain last week, Hong Kong Land Holdings stock was still only 0.5% higher year-to-date. The stock currently is undervalued, with a undemanding Price-to-Book ratio of 0.34 and offers a decent divided yield of 4.3%.
Please note that this blog post is not a recommendation for Hong Kong Land stock but just to share what I have noted about this stock. Always do your own due diligence when it comes to investing, Thank You for reading this post!
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