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新加坡中盘股今年迄今表现领跑亚太地区同业

Singapore's mid-cap stocks have led their counterparts in the Asia-Pacific region so far this year.

新交所SGX ·  Mar 29, 2021 06:46

As of March 19, 2021, the average and median of Singapore's mid-cap stocks were higher than those of their counterparts in the region. The market capitalization of Singapore's mid-cap stocks is between S $1 billion and S $5 billion, including several components of the sea index-$YZJ Shipbldg SGD (BS6.SG) $$Keppel DC Reit (AJBU.SG) $$ComfortDelGro (C52.SG) $$Sembcorp Ind (U96.SG) $

As of March 19, 2021, the 63 Singapore mid-cap stocks with a market capitalization between S $1 billion and S $5 billion had an average total return of 12 per cent, with a median total return of 6 per cent.At the same time, the average total return of equities of the same size in the Asia-Pacific region is 8 per cent, with a median total return of 3 per cent. More than 3500 stocks in the Asia-Pacific region with a market capitalization of S $1 billion to S $5 billion mainly cover the industrial, materials and resources, technology and cyclical consumer goods sectors.

As of March 19, 2021, the strongest mid-cap stocks in Singapore were Kangsheng Medical, Yifeng Group, Shidong Rubber, Straits Trading Co., Ltd., Jinguang Agricultural Resources, Yangtze River Shipping, Tiger Leopard, Hutchison Port Trust, Jinguang Land and Holiday. All 10 stocks have recorded net institutional inflows in the past 11 weeks, totaling S $280 million.

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Source: SGX stock data, Luft, Bloomberg (data as of March 19, 2021)

More than half of Singapore's 63 stocks with a market capitalization of S $1 billion to S $5 billion come from the real estate sector, while the other five sectors each contain at least five stocks. As of March 19, 2021, the healthcare sector led the sector with at least five stocks in terms of median total returns. The median total return of the 63 Singapore mid-cap stocks is shown below (by sector).

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Only one mid-cap stock-Straits Trading Co., Ltd.-comes from the materials and resources sector. In the company's comprehensive report on March 5th, Straits Trading Co., Ltd. stressed that it had achieved a strong and continuous recovery in the second half of fiscal year 2020 (as of December 31), with profit before interest, tax, depreciation and amortization of S $106.2 million, almost four times the S $27.7 million in the first half of fiscal 2020. Technology (hardware / software) companies include$Nanofilm (MZH.SG) $$IFAST (AIY.SG) $$AEM (AWX.SG) $Wait for familiar stocks.

In the health care sector$Thomson Medical (A50.SG) $$Haw Par (H02.SG) $$Riverstone (AP4.SG) $$Raffles Medical (BSL.SG) $$Tianjin ZX USD (T14.SG) $A median total return of 12% was recorded, with a total institutional inflow of S $94 million.The total net inflow of institutions in the health care sector was second only to the net inflow of S $124 million in seven industrial stocks, mainly boosted by the net inflow of S $153 million in Yangzijiang Shipbuilding and S $48 million in Shengke Maritime. Overall, the total net outflow of these 63 mid-cap stocks was S $20 million, while the net outflow of 20 trusts in the real estate investment trust sector was S $111 million.

Apart from mid-cap stocks, the Straits Times Index outperformed its counterparts in the region as of March 19, 2021.$FTSE Singapore Strait Index (.STI.SG) $It is the strongest benchmark among the major indices in the Asia-Pacific region, mainly due to the ideal performance of heavyweight bank stocks. With the rise of long-term interest rates in the United States, the value of global bank stocks has been reshaped, and bank stocks have strengthened as a result.

Source: SGX SGX


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