Chart of the Day: Non-REIT small cap stocks average YTD return hits 12% in April

Food firm QAF saw the highest returns of 43.6%.

This chart from the Singapore Exchange (SGX) shows that the 12 non-REIT constituents of the FTSE Small Cap Index saw an average return of 12% YTD in April, with food firm QAF witnessing the highest returns of 43.6%.

Rounding up the top five non-REIT FTSE small cap stocks with the highest returns are UMS Holdings (28.1%), Chip Eng Seng (20.5%), Bumitama Agri (15.3%), and Lian Beng Group (15.1%).

The YTD returns of Siic Environment, Hong Leong Finance and Centurion Corp hit 12.7%, 9.4% and 4.8% respectively.

The FTSE Small Cap Index comprises 51 constituents with a combined market cap of about $40b, ranging from $63m to over $2b. The 10 largest capitalised constituents of the FTSE ST Small Cap Index account for more than a third of the Index’s weighting, and comprise six REITs, two consumer stocks, one healthcare play, and one financial services provider.

Excluding REITs and business trusts, the Index has 32 non-REIT constituents, with dividend indicated yields ranging from below 1% to above 9%. Of these 32, 12 stocks have indicated yields of above 4%.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia