Dear readers, the Singapore stocks markets which was a laggard last year has performed quite decently this year. The Singapore stocks market benchmark indicator (Straits Times Index or STI) was up by about 11% year-to-date. Hence, investors who have been investing in the Singapore stock markets would have achieved an average return of around 11%.
However, there are three Straits Times Index (STI) stocks which have done even better. Each of these three STI stocks has achieved more than 30% in capital appreciation as compared to their price on the last trading day in Dec 2020.
These three STI stocks are:
Yangzijiang shipbuilding stock (35.1%)
Jardine Strategic Holdings (JSH) stock (32.8%)
Singapore Airlines stock (30.6%)
Among the above three stocks, investors would have been more familiar with JSH and SIA stocks. More familiar with JSH stock by virtue of the acquisition moves. More familiar with SIA stock because of the Covid-19 recovery play. However, we have Yangzijiang shipbuilding slowly and steadily making its climb without much fanfare to clinch the top spot of the best gainer STI stocks Year 2021 to date.
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