Check out SGX’s five most active STI stocks by turnover
They offer 3,1% dividend yield.
Over the last 12 months, SGX’s top five stocks by turnover maintained comparatively higher turnover velocity than the five most active REITs, which averaged 63.6% turnover velocity over the same period.
According to a release by SGX, the most active stocks in terms of daily turnover and market capitalisation were Noble Group, Golden Agri-Resources, Ascendas REIT, Global Logistic Properties, and Keppel Corp.
This activity gauge is based on turnover velocity, which expresses a stock’s total traded turnover in terms of its market capitalisation. Hence, the ratio provides a comparative indication of how actively traded its shares or units have been in recent times.