Dear readers, today is Sunday and I hope you have had a restful and fun weekend.
In today’s post, let us turn our attention to one Singapore Straits Times Index (STI) stock that has been a stellar year-to-date performer thus far.
The Singapore stocks markets, as measured by the STI, has seen its fair share of volatilities in year 2022. The STI has given up most of its gains achieved earlier this year, and as at last Friday (26 Aug 22), managed a gain of 4%.
However, there is one STI constituent stock which has surpassed the STI index itself, and in fact, by many times over.
This STI stock is none other than Sembcorp Industries stock.
Sembcorp Industries stock traded at $2 per share on the last trading day last year (31 Dec 2021). As at the last trading day last week (26 Aug 22), Sembcorp Industries stock is trading at $3.39 per share, and that represents a capital upside of 69.5%, and excluding dividend yields.
Congratulations to investors who have invested in Sembcorp Industries stock earlier this year! Sembcorp Industries stock performance shows that Singapore STI stocks may not be so boring after all!
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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