118 views
/Unsplash

Top 100 stocks booked $712m of net fund inflow in November

Banks, consumer cyclicals, and telco sectors led the fund inflow.

The top 100 most traded stocks booked a 7% total return in November on $700m net fund flow, with banks, consumer cyclicals, and telecommunications industries leading the net fund flow.

In a statement, SGX said United Overseas Bank, Jardine Cycle & Carriage, Singapore Telecommunications, CapitaLand Investment and Genting Singapore led the net fund inflow.

SGX said the consumer cyclical sector led the most traded stocks over the month, with Genting Singapore, Jardine Cycle & Carriage, NIO Incorporated, The Hour Glass, Parkson Retail and mm2 Asia posting an average of 15% total returns.

On the last day of November, Jardine C&C traded 25 times its usual trading turnover with $119m of net fund inflow with the stock added to the MSCI Singapore Free Index on the close.

On the most net fund outflow, REITs, energy, and healthcare sectors are leading.

Follow the links for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!