
Five biggest Health Care Equipment and Services plays registered 8% YTD gain
Check out the largest capitalised stocks.
Modern day health care stocks span a wide range of health-related businesses – from the traditional plays of hospitals and clinics to medical supplies and hit-tech medical equipment to pharmaceuticals including western and traditional Chinese medicines.
According to SGX, the five largest capitalised Health Care Equipment & Services stocks listed on SGX are IHH Healthcare Bhd, Raffles Medical Group, Biosensors International Group, Religare Health Trust, and TalkMed Group.
SGX says that these five stocks have averaged a 7.6% price gain in the year-to-date and maintain an average dividend yield of 2.9%.
Three of these stocks have been listed in recent years - IHH Healthcare Bhd and Religare Health Trust in 2012, and TalkMed Group in 2014. These three stocks have averaged a 43% gain from their first day close.