Real estate, industrial sectors emerge as the strongest performers in January

Total returns for both sectors sit at 7.5%.

The past month has seen STI being the best benchmark in Asia. According to SGX MyGateway, the best performers in the past month were industrials and real estate management & development sectors., which gained 7.5% on a capitalisation-weighted total return basis.

Among the 10 largest stocks of the Industrials Sector, the best performers in January were Jardine Strategic Holdings (+11.8%), Sembcorp Industries (+10.5%), Jardine Matheson Holdings (+8.9%) and SATS (+8.9%). Of the 10 stocks, SATS was also the strongest performer of the past 12 months, closely followed by Jardine Strategic Holdings.

Meanwhile, the three best performers in real estate management sector were Global Logistic Properties (+18.2%), City Developments (+11.5%) and CapitaLand (+8.9%). Of the 10 stocks, Global Logistic Properties was also the strongest performer of the past 12 months, followed by Yanlord Land Group.