, Singapore

Chart of the day: Top consumer staples stocks reverse 2018 decline as YTD returns hit 12.9%

Indofood Agri Resources' returns hit 46.6%.

This chart from SGX shows the details of the 20 largest consumer staples stocks on the stock exchange with a combined average of 12.9% total return and market cap of more than $80b in Q1 2019.

The top three are identified to be Indofood Agri Resources (+46.6%), QAF Ltd (+44.4%) and Thai Beverage PCL (+38.0%).

SGX also said that the majority of these players report more than half their revenues to the Asia Pacific and/or global markets, excluding Singapore.

Consumer staples was the second-best performing sector in Q1 with 13.9% total return, reversing the -2.9% decline in 2018. It was also amongst the top net buy sectors for the quarter, garnering total institutional inflows of $61.5m.

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