Real estate, industrial sectors emerge as the strongest performers in January

Total returns for both sectors sit at 7.5%.

The past month has seen STI being the best benchmark in Asia. According to SGX MyGateway, the best performers in the past month were industrials and real estate management & development sectors., which gained 7.5% on a capitalisation-weighted total return basis.

Among the 10 largest stocks of the Industrials Sector, the best performers in January were Jardine Strategic Holdings (+11.8%), Sembcorp Industries (+10.5%), Jardine Matheson Holdings (+8.9%) and SATS (+8.9%). Of the 10 stocks, SATS was also the strongest performer of the past 12 months, closely followed by Jardine Strategic Holdings.

Meanwhile, the three best performers in real estate management sector were Global Logistic Properties (+18.2%), City Developments (+11.5%) and CapitaLand (+8.9%). Of the 10 stocks, Global Logistic Properties was also the strongest performer of the past 12 months, followed by Yanlord Land Group.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.