Yangzijiang sheds the most among stocks in the past 12 months

Its total returns sunk 28%.

The past months has put Yangzijiang Shipbuilding on the rocks with its total returns dipping 28% in September.

According to a report by SGX MyGateway, Yangzijiang together with Sembcorp Marine have posted their 12 month low in September month to date. Sembcorp registered a 24.9% decline in its stocks.

The two groups have averaged a 26.5% year-to-date decline in total returns.

To recall, Yangzijiang reported successive vessel cancellations during the second quarter, with its net profit sinking 36%YoY.

Meanwhile, the report also reported stocks that have posted 12 month highs in August or September this year. City Developments, Singapore Tech Engineering, CapitaLand Commercial Trust, SATS, and Thai Beverage averaged a 24.5% increase in total returns.

SGX MyGateway also cited IA Engineering Company, CapitaLand Mall Trust and Ascendas REIT for having generated a positive year-to-date total returns with the least percentage swings between 12 months. The three stocks averaged a 10.3% total returns.