
STI posted total return of 6% YTD
Amongst constituents, Thai Beverage has the highest total return of 55%.
The Straits Times Index (STI) has recorded a total return of 6% over 9M 2019, whilst its 30 constituents generated an average total return of 8.3% over the same period, according to an SGX report.
This brought their one-year and three-year total returns to 8.9% and 22.6%, respectively. These 30 stocks have a combined market capitalisation of $547b and have averaged price-to-earnings (P/E) and price-to-book (P/B) ratios of 18.0x and 1.9x, respectively.
Amongst the 30 constituents, Thai Beverage leads the pack with the highest total return of 55% YTD. This is followed by Mapletree Commercial Trust at 50.9%, City Developments at 31.9%, UOL Group at 26% and Ascendas REIT at 25.9%.
DBS Group has the largest market cap at $63.3b, followed by Jardine Matheson Holdings at $56.74b and Singtel at $52.58b.