News

Stocks

Staff Reporter

, Singapore

Published:

2 years ago

579 views

Photo by Adam Śmigielski from Unsplash

STI declines 2.5% in the first four weeks of 2024

Singapore stock market booked $125.8m of net institutional inflow.

The STI declined 2.5% for the first four weeks of 2023 with the iEdge SG Advance Manufacturing Index declining 5.1%, SGX reported.

In the same period, the Singapore stock market booked $125.8m of net institutional inflow whilst regional industrial stocks fell behind APAC markets.

Meanwhile, Yangzijiang Shipbuilding led Singapore’s stock index to gain 12.1% whilst the industrial sector booked the most net institutional inflow at $103.7m.

ALSO READ: Sustained growth seen for SGX-listed F&B operators, says expert

The industrial sector recorded 12 stocks with double-digit Return-on-Equity (ROE) at 10% or higher. Amongst these stocks, Samudera Shipping Line recorded the highest ROE of 45%.

Meanwhile, Catalist-listed Ley Choon Group Holdings was the least performing of the 12 stocks with a 14.3% decline in the first four weeks of 2024 after generating a 147.1% return in 2023.

Follow the link for more news on

stock market

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

Top News

AI keeps Singapore factories firing

Electronics climbed 35.8% as chemicals, biomedical, and transport engineering weakened.

1 day ago

JustCo brings ‘the boring office’ to CBD after SGX listing

The space is designed for start-ups, entrepreneurs, and SMEs.

Commercial Property

2 days ago

Airwallex raises $320m in Series H funding round

Airwallex plans to expand into new markets and scale its AI teams.

2 days ago

MAS launches new institute for AI and tokenisation adoption

The Future of Finance Institute will update toolkits.

2 days ago

Exclusives

Monday.com picks Singapore for Southeast Asia expansion

Its in-house designers created Singapore-inspired artwork in the company's colors.

2 days ago

Tsuklio targets dual-income families in Singapore expansion

The Japanese meal subscription platform logged 3,000 pre-registrations before launch.

Food & Beverage

3 days ago

Firms cut senior hiring costs with fractional executives

$Firms cut senior hiring costs with fractional executives$

Firms cut senior hiring costs with fractional executives

Companies report 50% to 70% lower costs than full-time senior hires.

HR & Education

4 days ago

Choosier Asia buyers steer auctions toward rare art

Collectors are bidding harder for works with clear ownership histories.

5 days ago

Event News

Co-Written / Partner Finweek KL 2026: Where European capital meets ASEAN scale

The premier EU–ASEAN institutional fintech summit brings 1,000+ delegates to PARKROYAL Collection Kuala Lumpur on 11 to 13 November 2026 for three days of cross-border deal-making.