, Singapore
185 views

STI outpaces APAC benchmarks with 9.6% total returns in Q1

Twenty-three of STI’s 30 constituents generated positive returns during the quarter.

The Straits Times Index (STI) was the leading and strongest performing benchmark in the Asia-Pacific region for the first quarter (Q1) of 2022, garnering 9.1% price gains.

Boosted by dividends, STI’s total returns for the quarter was 9.6%, data from the Singapore Exchange showed.

Given its recent gains, STI has outpaced the FTSE APAC Index and FTSE World Index, which both generated declines of 4.9% and 4.3% in their respective total returns.

Out of STI’s 30 constituents, 23 generate positive returns for the quarter, led by Sembcorp Industries and Keppel Corporation, with respective gains of 34% and 25%.

Apart from a positive total return, STI also performed well in net institutional inflows, drawing $1.15b.

From its constituents, Singtel, OCBC, UOB, Wilmar, and CityDev drew the most net inflows, averaging 14% total returns.

On the other hand, Mapletree Comm Trust, Venture, A-REIT, Mapletree Ind Trust, and ComfortDelGro saw the most net institutional outflows in Q1 2022, averaging a 0.1% marginal decline.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!