Dear readers, as at 28 Jan 2022, the Singapore’s Straits Times Index (“STI”) has made a gain of 3.9% for Year 2022 to date. The Singapore stock market, as measured by the STI has been one of the world’s better-performing stock markets as mentioned in my previous post here.
Let us take a look at which Straits Times Index (“STI”) constituent stocks had gained and lost the most in January 2022, based on capital gain performance as below.
The top five STI gainers for January 2022 are:
Sembcorp Industries stock: 14.5%
UOB stock: 11.3%
Keppel Corporation stock: 9.6%
OCBC stock: 8.9%
Jardine Matheson Holdings stock: 8.9%
From the above, we can see that the banks and Singapore top conglomerates make the bulk of the top gainers list.
The top five STI losers for January 2022 are:
Keppel DC Reit: -12.6%
Mapletree Logistics Trust: -11.1%
Frasers Logistics & Commercial Trust: -9.9%
Mapletree Commercial Trust: -9.5%
Mapletree Industrial Trust: -7.4%
From the above, we can see that the Trusts from the Mapletree staple of family made up the bulk of the STI losers for January 2022.
Let us see whether the above stocks will continue to be gainers and losers for Year 2022 or will the other STI stocks play “catch up” to them.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! I also run another blog Singapore Stocks Investing with similar useful insights! 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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