Consumer stocks rake in total return of 4.1% YTD
Amid extreme volatility levels.
The FTSE ST Consumer Goods Index has generated a YTD total return of 4.1% with mixed performances of the four mutual STI constituents - Wilmar International, Thai Beverage PCL, Golden Agri-Resources and Olam International.
According to SGX, the FTSE ST Consumer Goods Index has been among the most cyclical of the sector indices relevant to the STI in the year thus far, maintaining 11.8% volatility over the past 250 trading sessions compared to the STI’s 8.3% volatility over the same period.
SGX adds that the FTSE ST Consumer Index was the best performing index in four months of this year and the least performing sector in two months of the year.