Dear readers, since the start of this year Year 2021, we have noted a mini roller coaster ride from Singapore’s very own benchmark indicator, the Straits Times Index (STI). The STI started the year with a good rally beyond the 3,000 mark, then it went below. And now we are above. Right now, from here to the end of Year 2021, it is really everyone’s guess and it is indeed an exciting journey. Especially, so when at times, many will be reminded that the stocks markets have not corrected with a large magnitude for a long time since Year 2008/2009. Do not get me wrong, not that I am looking forward to a stock market meltdown, but my point is to be prepared for such an eventuality when it happens. And to be prepared is to get your investment warchest ready!
Enough of my musing, lets get down to business and take a look at the Singapore Straits Times Index (STI) stocks which are winners for Year 2021 to date.
Based on just capital appreciation year-to-date return, we have the following top ten winners with their returns as follows:
1) Jardine Strategic Holdings (JSH) stock: 36.1%
2) SIA stock: 33.2%
3) YangZiJiang shipbuilding stock: 28.8%
4) Jardine Matheson Holdings (JMH) stock: 20%
5) Hongkong Land Holdings stock: 19.9%
6) Jardine Cycle & Carriage stock (C&C): 16.9%
7) OCBC stock: 15.5%
8) DBS Group stock: 13.9%
9) Wilmar International stock: 13.3%
10) UOB stock: 13.2%
From the above list, we can see that not surprising the Jardine family of stocks which were involved in acquisition-related developments were among the winners: JSH stock, JMH stock, Jardine C&C stock.
It is also noteworthy to note the three biggest banking stock: DBS stock, OCBC stock and UOB stock as among the list of top performers.
Recovery-plays are also inn the list: Hong Kong Land stock which has been a laggard stock for previous years was up almost 20% year-to-date this year. SIA stock was also up by almost a third in line with gradual resumption of airline activities and Covid-19 recovery themes.
Also on the list is YangZiJiang stock and Wilmar International stock.
If you have invested in any of the above stocks early this year, congratulations to you!
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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