ThaiBev, who was the fourth least-performing stock in 2018, now posted the best total return of 27.2%.
The Straits Times Index’s five best-performing constituents hitan average total return of 20.4% as of 17 May, according to SGX.
Thai Beverage dramatically reversed its negative performance in 2018 where it ranked as the fourth least-performing stock with total return of -31.7% to (+27.2% YTD.), The firm was followed by ComfortDelGro (+21.0%), Yangzijiang Shipbuilding (+19.2%), ST Engineering (+17.7%) and UOL Group (+17.2%).
Like ThaiBev, UOL and Yangzijiang saw similar negative fortunes in 2018 with total returns of -28.8% and -11.4% respectively but managed to get back on track.
ComfortDelGro and ST Engineering continued to extend their positive performance, following its 2018 total returns of +13.7% and +11.8% respectively.
On the other hand, the five least-performing STI constituents were Dairy Farm International (-12.9%), Jardine Matheson (-8.0%), Genting Singapore (-5.8%), Jardine Cycle & Carriage (-3.4%) and Hutchison Port Holdings Trust (-1.3%). These stocks averaged a total return of -6.3% over the period.
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