
Discover SGX’s highest turnover stocks over the past 3 months
Nine of the ten most active are constituents of the STI.
These could be the stocks worth watching for in the coming year.
According to SGX, the ten most active stocks based on the past three months of turnover were DBS Group Holdings, Singapore Telecommunications, Keppel Corporation, United Overseas Bank, Oversea-Chinese Banking Corporation, CapitaLand, Global Logistic Properties, Noble Group, Keppel Land and CapitaMall Trust.
Note that Keppel Land is not a STI constituent, however has traded high turner in January following Keppel Corporation announcement that it would make an offer for the remaining shares of Keppel Land.
SGX says that on average, these ten most recently active stocks closed on Friday 19.9% above their 12 month price low and 9.3% below their 12 month price high. With the group, stocks closest to their 52 week high include Keppel Land, Oversea-Chinese Banking Corporation and Singapore Telecommunications. Stocks that are closest their 52 week low include Global Logistic Properties and Keppel Corporation.
The ten stocks are categorised to six different industries – Banks, Diversified Telecommunications, Industrial Conglomerates, Real Estate Management & Development, Trading Companies and Real Estate Investment Trusts (REITs).
On average, these ten most active stocks generated a 4.9% gain over past 3 months and 15.1% over the past year. They also maintain an average dividend yield of 3.3%.