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photo from Dylan Calluy on Unsplash
More than 80 Singapore stocks show positive returns in Q1
The industrial sector represented 30% of these stocks.
More than 80 stocks have added gains or maintained their positive total return as of 25 March 2024, according to a report prepared by the SGX.
The stocks, as a group, maintained an average and median return-on-equity (ROE) ratio of 11%, with median price-to-earnings (P/E) ratio of 9x, and a median price-to-book (P/B) ratio of 1x.
The industrial sector had the most representation across the 80+ stocks at 30%, whilst 20% were listed on the Catalist board.
The most traded amongst the stocks included DBS, OCBC, Singtel, YZJ, Keppel, ST Engineering, UMS, Frencken, Golden-Agri, and NetLink NBN Trust.
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