Dear readers, the main highlight for the Singapore stocks markets this week was none other than the further Covid-19 re-opening of Singapore economy as announced by Prime Minister Lee on Thursday 24 Mar 2022.
Beside aviation-related stocks which have obviously rallied, let us take a look at the top ten Straits Times Index (STI) stocks which are top gainers for the week and their weekly gains as follows:
DairyFarm stock: 10.04%
SATS stock: 7.34%
SIA stock: 5.81%
Genting Singapore stock: 5.81%
YangZiJiang stock: 5.80%
Venture stock: 5.63%
Jardine Matheson Holdings stock: 5.21%
City Development stock: 5.15%
Jardine C&C stock: 4.87%
Wilmar International stock: 4.33%
The remaining STI stocks (as per the list below) gained 0.25% to 4.26%:
Ascendas Reit
Capitaland Invest stock
Capitaland Integrated Commercial Trust
ComfortDelgro stock
DBS stock
Frasers Logistics and Commercial Trust
Hongkong Land
Keppel Corporation stock
Mapletree Commercial Trust
Mapletree Industrial Trust
Mapletree Logistics Trust
OCBC stock
Sembcorp Industries stock
SGX stock
Singtel stock
ST Engineering stock
Thai Beverages stock
UOB stock
UOL stock
There was non STI stocks which had a negative weekly price gain this week. The worst performance goes to Keppel DC Reit which remains unchanged in price for the week.