
Chart of the Day: Check out the top performers of the FTSE Small Cap Index in 2018
Their average ROE hit 34% whilst returns stood at 61.5% in 2018.
This chart from the Singapore Exchange shows that the five best constituents of the FTSE Small Cap Index saw an average 34% Return on Equity (ROE) in 2018. Topping the list is skincare developer Best World International with ROE of 51.7% and total returns hitting 105.7% in 2018.
Following the stock’s lead are China Sunsine Chemical Holdings with 34.3% ROE and total returns of 42.3%. Third on the list is Delong Holdings with ROE hitting 32.4% whilst its total returns in 2018 stood at 158.4%.
Also read: Big ASEAN value stocks hit 36.1% in total returns
Meanwhile, Sheng Siong clinched the fourth spot as its ROE was recorded at 26.3% whilst its returns was seen at 18.4%. Health Management International finished at fifth spot with ROE of 24.6% and returns recorded at -17.2% in 2018.
“On the back of the comparatively strong gains in 2018, the five stocks have not kept pace with the FTSE ST Small Cap Index in the 2019 year to date, with an average gain of 1.4%,” SGX noted.