Dear readers, as of last Friday (15 Jan 2021), the top three best-performing STI stocks with their respective year-to-date gains are as follows:
1) Jardine C&C stock (15.9%)
2) Wilmar International stock (12.3%)
3) YangZiJiang Shipbuilding stock (12%)
4) HongKong Land stock (11.6%)
5) Dairy Farm International stock (8.9%)
6) Jardine Strategic Holdings stock (8.7%)
I think you can see a trend among the top winner stocks above. Except for Wilmar International stock and YangZiJiang Shipbuilding stock, the rest of the top winner stocks are Hong Kong plays. Year 2021 seem to mark the reversal of fortunes for these Hong Kong centric stocks which have been laggards for 2020.
Now let us take a look at the worst performing STI stocks for Year 2021 to date and their year-to-date gains. The bottom three worst performing STI stocks are:
1) City Developments stock (-4%)
2) Mapletree Industrial Trust (0%)
3) Mapletree Logistics Trust (0%)