, Singapore

Most traded healthcare stocks averaged total returns of 36.2% YTD

Medtecs Internartional came out top with a 197% surge in total returns.

The 10 best-performing healthcare stocks of iEdge SG All Healthcare Index posted an average total return of 29.5% in 2020 YTD, according to an SGX report. The stocks also averaged $26m a day in combined turnover.

In 2019, the same 10 stocks averaged $7m daily turnover and a decline of 1%.

Medtecs International led the pack with a staggering 197% total return YTD. This was followed by UG Healthcare at 96%, Healthway Med at 27%, Clearbridge at 20%, and Riverstone at 17%. 

Healthcare stocks across Asia Pacific have begun the year on a firm defensive note with caution on the Covid-19 outbreak.

There are between 1,500 and 2,000 healthcare-related stocks listed across the Asia Pacific, generating median gains of 3%. These stocks posted an average return of 8% in 2020 YTD.

Singapore’s healthcare sector has also generated an 8% total return in the 2020 YTD.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

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.