, Singapore

Top ten agriculture and F&B stocks averaged total return of 13% in 2019

ThaiBev led the ten with a 49% total return.

The ten best performing agriculture and F&B stocks by average daily turnover saw an average total return of 13% in 2019 with a total return of 17%, according to an SGX report.

These stocks are said to have outpaced regional and global peers. Thai Beverage led the ten firms with a 49% total return in 2019, followed by Wilmar International at 36% and Koufu Group at 29%. Dairy Farm generated the lowest figures with -36%.

Amongst the ten, Wilmar International saw the highest average daily turnover for the year at $20m. Thai Beverage followed at $14.9m, whilst SATS nabbed third place at $8.7m.

SGX noted that Wilmar International, Japfa and Golden Agri Resources have led the ten for the first eight sessions of 2020, whilst Sheng Siong Group, Koufu Group, SATS and First Resources all reported at least four-fifths of their revenue to Singapore. These four stocks saw $88m in net institutional inflow in 2019, with median total returns of 22%/23%.

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.