STI outpaces FTSE Developed Index with 5.5% total return
DBS, OCBC, and UOB had the most impact on STI's performance.
The Straits Times Index (STI) generated a 5.5% total return in 2022 year-to-date, the Singapore Exchange announced.
This has outpaced the FTSE Developed Index, which generated an 11.0% decline in total return.
The top STI constituents that generated double-digit total returns for the first 21 weeks of 2021 are the following:
- Sembcorp Industries
- Jardine Cycle & Carriage
- Yangzijiang Shipbuilding
- Keppel Corporation
- City Developments
- CapitaLand Invest
- ST Engineering
The bank trio of UOB, OCBC, and DBS, had the most impact on STI's performance.