Top 10 SGX consumer stocks draw $327m inflows
The stocks averaged a 26.7% total return YTD.
Singapore's non-cyclical consumer sector has outperformed in 2026 even as artificial intelligence dominates global headlines, according to SGX.
The top 10 consumer staple stocks averaged a 26.7% total return year-to-date, driven by firm crude palm oil (CPO) prices and defensive retail demand.
These 10 most actively traded consumer stocks drew combined net institutional inflows of $327.4m for the year to 26 August.
First Resources was the standout performer, more than doubling with a 116.7% YTD. Net profit rose 57.4% year on year (YoY) in the first half of the year (H1 2026) on higher production volumes.
DBS Group Research maintains a Buy call, citing further re-rating potential and the company's track record integrating PT Austindo Nusantara Jaya Tbk.
Bumitama Agri returned 59.5% YTD whilst H1 2026 revenue grew 24% and net profit 44.3% YoY on higher sales volumes and average selling prices.
Wilmar International and Golden Agri-Resources also posted stronger first-half profits, drawing $276.7m in net institutional inflows YTD.
On retail, Sheng Siong returned 24% YTD as revenue and net profit both grew 11.9% YoY in H1, with gross margin improving to 31.8%.
The retailer flagged pricing pressure ahead from the Johor Bahru–Singapore RTS Link but expects efficiency gains from its Sungei Kadut distribution centre, due by 2029.
Meanwhile, Food Empire Holdings posted record H1 2026 revenue and net profit — up 15% and 12.2% YoY respectively, led by Russia and Central Asia segment growth.