Dear readers, in yesterday’s post, I shared with readers the names of seven Singapore’ Straits Times Index (STI) stocks which would have given investors a 20% capital gain each.
In today’s post, let us turn our focus on two STI stocks on the other end of the spectrum.
Each of these two STI stocks are the worst performing STI stocks as at 5 Nov 2021, giving investors a double percentage digit loss year-to-date this year.
The two STI stocks are as follows.
1)Keppel DC Reit
Surprise? As Reits are supposed to be defensive? Well, Keppel DC Reit stock has recorded a -12.2% capital gain as at 5 Nov 2021.
2) Dairy Farm International Holdings stock
As at 5 Nov 2021, HongKong Land stock was the star STI performer with a 44.4% capital gain. But if you are thinking at all HongKong-centric stocks would fare equally well, you would be mistaken. While HongKong Land stock is the year-to-date best STI performer, another Hong Kong centric stock make it to the bottom. That’s right, Dairy Farm International Holdings stock, which recorded a -15.3% as at 5 Nov 2021.
Will Keppel DC Reit and Dairy Farm International Holdings stock rebound next? Or will they continue to go south? I don’t have an answer and I don’t see any compelling reason to bargain buy these two stocks.
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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