Top industrial stocks booked $74m of combined net institutional flow
Seven stocks generated average total returns of 14%/19% in the past seven months.
Over 16 industrial stocks were included in the top most actively traded stocks in 2023, including Seatrium, ComfortDelGro, SATS, SingPost, and Yangzijiang Shipbuilding.
The 16 stocks booked a median total return of 22%/10% over the past seven months, SGX said in a report.
Of the 16 stocks, Dyna-Mac, Acesian Partners, and MarcoPolo Marine have booked the highest net institutional inflow proportionate to their current market cap over the past seven months, whilst generating a median gain of 29%.
In the past seven months, Singapore’s 100 most traded stocks by trading turnover generated 98% of the total trading turnover of all stocks included on the SGX.
The 100 stocks also accounted for the lion's share of net institutional flow with $2.9b of net institutional outflow over the seven months. This net outflow represented 0.43% of the total market capitalisation of the 100 stocks as of 31 July.