,Singapore

Utility stocks average 24% total returns for 2021 YTD

Five companies make up the returns.

In a report released by SGX, utility stocks reached an average of 24% total returns. 

Sembcorp Industries, Keppel Infrastructure Trust, Union Gas Holdings, China Everbright Water, and SIIC Environment make up the total returns with a median total return of 18%. 

Of the five, Union Gas Holdings reported the strongest performance for the 2021 year. 

Keppel Infrastructure Trust reported a 7% total return, whilst the remaining companies reached 11%. 

Overall, the utility sector has a combined market value of $1.35 trillion (US$1t).

Read more of the report here.

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