HOTELS & TOURISM | Staff Reporter, Singapore

Singapore's 20 largest hotel, resto, and leisure stocks gain 19.8% YTD

Price gains averaged 18% in June.

Singapore's 20 largest hotel, restaurant, and leisure stocks grew with a 19.8% gain on average price returns YTD.

According to Singapore Exchange (SGX), the rate indicates a stronger performance compared to last year. It also grew in line with the average price returns of global companies like McDonald's Corp, Starbucks Corp, and Las Vegas Sands Corp.

The 20 biggest stocks average a 2.9% dividend yield which has added to the total returns of the 20 stocks in the 2017 YTD at 22.8%.

The average price-to-earnings (P/E) ratio for the 20 stocks is 25.7x.

Amongst the top performing stocks are Genting Singapore PLC, Shangri-la Asia, Mandarin Oriental, and OUE. 

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