|Day's range||3,199.89 - 3,225.40|
|52-week range||3,102.73 - 3,641.65|
We track down how Venture Corporation Ltd (SGX: V03) has been able to outperform the Straits Times Index's returns over the past three years.
With the Straits Times Index (SGX: ^STI) hitting a one-and-a-half year low this week, is it cheap?
Jardine Matheson Holdings Limited (SGX: J36), Jardine Strategic Holdings Limited (SGX: J37), Hongkong Land Holdings Limited (SGX: H78) and Jardine Cycle&Carriage Ltd (SGX: C07) are controlled by the Keswick family, and hold a sizable influence over the Straits Times Index (SGX: ^STI).
It’s a myth that you need to be a Crazy Rich Asian to start investing.
Hutchison Port Holding Trust (SGX: NS8U), Starhub Ltd (SHX: CC3), and Singapore Press Holdings Limited (SGX: T39) are holding up the rear for the Straits Times Index (SGX: ^STI)
Dairy Farm International is scheduled to join the STI effective Monday 24 September, replacing StarHub. On inclusion the leading pan-Asian retailer will be one of five STI constituents that are quoted and traded in USD. Dairy Farm generated a total return of 24.2% in the first 8 months of 2018 (in SGD terms), with institutional net buying totaling S$32 million. The Group reported earnings of US$225 million for its 1HFY18 (ended 30 June), up 6% from its 1HFY17 restated earnings on higher consolidated sales.
The STI consists of the 30 largest and most active stocks traded on SGX. After a 22.0% total return in 2017, the STI generated a total return of -2.3% in 1H18, and has followed with a 0.1% gain in the 2H18-to-date. In the 2H18-to-date, the five best-performing STI constituents were: Yangzijiang Shipbuilding (+24.9%), Singtel (+9.4%), CapitaLand (+8.9%), SPH (+8.5%) & CapitaLand Commercial Trust (+7.1%). These five stocks have averaged a total return of 11.7% over this period.
Other than Thai Beverage Public Company Limited (SGX: Y92), Thomson Medical Group Ltd's (SGX: A50) shares also fell for the week.
Results from DBS, UOB, Sembcorp Industries, Venture Corp and UOL, and an interest-rate decision from the eFed are some of the highlights next week.
Five STI stocks that have consistently increased its dividends over the past 5 years are SATS, ComfortDelGro, Jardine Matheson, Jardine Strategic and HongKong Land. These five stocks make up almost 15% of the STI weight & averaged a dividend yield of 3.0% in 2017.