Frencken, iFast & First Resources rank as most consistent gainers in Q3

The Straits Times Index also had its narrowest trading range since Q3 2017.

Frencken and iFast & First were the most consistent gainers in the third quarter (Q3) 2021, latest data from the Singapore Stock Exchange showed.

Also included in the list were Raffles Medical, Starhill Global REIT, PropNex, First Resources, ESR-REIT, OUE Com REIT, UMS, and ARA LOGOS Log Trust. An average of 18% in total returns was logged.

Meanwhile, the Straits Times Index (STI) also had its narrowest trading range since Q3 2017, with a 5.6% difference between its quarterly high and low as of 27 September. The STI Q3 2021 high of 3,207.99 was reached on 10 August. From 30 June to 10 August, a total return of 2.7% was recorded, whilst a decline of 2.4% was recorded from 10 August to 27 September. STI gained 0.2% for Q3 to 27 September 27, whilst the FTSE Asia Pacific Index declined 1.5% and the FTSE All-World Index gained 2.3%.

Singapore’s 100 most traded stocks in 2021 had an average decline of 4%. A total of $798m of net institutional outflow was recorded. 52 of the 100 stocks reported net institutional outflows, whilst 48 had net institutional inflows. An average of 1% total return with $986m of net institutional outflow was made by the 100 stocks. Singtel led the net institutional inflows from 10 August to 27 September with $321m of net buying and a total return.