, Singapore

Here are the STI's strongest price performers year-to-date

STI hit a 13.2% price gain.

The Straits Times Index (STI) provides a benchmark gauge for the performance of Singapore’s 30 largest capitalised and actively traded stocks. SGX said that the results of the next quarterly review for STI inclusion will be published on Thursday 31 August after the market close, and these results will be effective from the start of trading on Monday, 18 September.

Last week the STI generated a marginal gain of 0.2% to take its 2017 year-to-date dividend-inclusive return to 16.4%. This compares to a year-to-date average total return of 10.8% in SGD terms for the benchmarks of Japan, Hong Kong and Australia.

Here's more from SGX:

The illustrated returns above include STI price returns of 13.2%, with reinvested dividends boosting the STI total return to 16.4% in the year thus far. Note that while in its standard Index form (taking into account free-float capitalisation weightings) the Index generated a 13.2% price return, the simple average price return (i.e. non-weighted) of all 30 constituents was 12.7%.

In the 2017 year through to 25 August, the Real Estate and Industrial Sectors generated turnarounds in average price performance after respective declines of 0.5% and 5.2% in 2016. Conversely, whilst the STI’s Consumer Staples & Consumer Discretionary Sectors averaged a 16.2% price gain in 2016, the six stocks have averaged a price decline of 0.6% in the 2017 year through to 25 August.

Three of the STI’s five strongest price performers in the 2017 year through to 25 August were Real Estate stocks - Global Logistic Properties, City Developments and UOL Group. This helped to boost the average price returns of the eight stocks that make up the STI’s Real Estate Sector to 24.1%. 

The STI has generated a 13.2% price gain in the 2017 YTD, with its eight Real Estate stocks averaging a 24.1% price gain, its four Financial stocks averaging a 15.0% price gain and its 10 Industrial Stocks averaging a 13.6% price gain.  

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