Returns of top 20 stocks dropped 3.8% YTD

Stocks were hit by the 30% fall in crude oil price.

The average total returns of the local bourse’s 20 most traded stocks is at -3.8% in 2020 YTD, according to an SGX report. This came after the 30% plunge in oil price on 9 March, which resulted in the 4.3% fall of the Straits Times Index (STI).

Yangzijiang Shipbuilding saw the largest decline as its returns hit -22.3%, followed by Genting Singapore at -19.6% and UMS Holdings at -18.4%.

Other stocks that posted declines are Singapore Press Holdings, AEM Holdings, Mapletree Commercial Trust (MCT), Mapletree North Asia Commercial Trust, Frasers Logistics and Industrial Trust, Ascott Residence Trust, CapitaLand Mall Trust, Wilmar International and Jardine Strategic Holdings.

However, these stocks were still able to generate net institutional flows in 2020 YTD. SGX generated the highest amount at $38.7m, followed by Ascendas Real Estate Investment Trust at $14.1m, MCT at $13.3m and ST Engineering at $5.2m.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. 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