
Chart of the Day: The STI is one of Asia's worst-performing indices
It has declined by 27% from its 10-year peak.
The Straits Times Index (STI) has been a serial underperformer compared to other benchmark indices in the region. This chart from UOB Kay Hian shows that the FSSTI has fallen 27% from its 10-year peak, compared with its ASEAN peers' 9-14% decline from their decade highs.
The only indices which performed worse than the STI are the Shanghai Stock Exchange (SSE) and the Hang Seng.
Meanwhile, among the best-performers are the Philippine Stock Exchange Index (PSEI), Bombay Stock Exchange's SENSEX, and South Korea's KOSPI.
Singapore also did not fare well in terms of earnings per share (EPS) growth. The STI's EPS growth currently hovers at 6.8%, compared to 51.9% for the KOSPI, 57.6% for Indonesia's JCI, and 27.3% for Thailand's SET.