For 1Q22, the STI was APAC’s strongest performing benchmark, with 9.1% price gains boosted by dividends to generate a 9.6% total return. The FTSE ASEAN All-Share Index also generated a 4.7% price return over the quarter, outpacing the broader APAC region. The comparative performances of key benchmarks are tabled below.
The STI was led by Sembcorp Industries and Keppel Corporation in 1Q22, with respective gains of 34% and 25%. In 1Q22, Sembcorp Industries reported its net profit (before exceptional items) was up 57% YoY in FY21, while Keppel Corporation reported a net profit of S$1.02 billion in FY21, a sharp reversal from the S$506 million loss reported for FY20. Both stocks are also pursuing significant strategic initiatives. Sembcorp Industries is pressing ahead with strategic transformation of its portfolio from brown to green energy, with an objective for sustainable solutions to make up 70% of its net profit by 2025. Keppel Corporation is also executing Vision 2030, which is a long-term strategic initiative to transform the conglomerate to an integrated solution provider for sustainable urbanisation.
The performances of the 30 STI stocks are tabled below and sort by the strongest total returns booked in 1Q22.
STI Stocks Sort by Most Strongest Performing Stocks in 1Q22 |
Code |
1Q22 Average Daily T/O (S$M) |
Mkt Cap S$M |
1Q22 Net Insti Flow (S$M) |
1Q22 Total Return % |
2021 Total Return % |
Sector |
Sembcorp Ind |
U96 |
14 |
4,754 |
105 |
34 |
20 |
Utilities |
Keppel Corp |
BN4 |
28 |
11,559 |
80 |
25 |
-1 |
Industrials |
Jardine C&C |
C07 |
8 |
9,893 |
54 |
22 |
9 |
Consumer Cyclicals |
UOB |
U11 |
125 |
53,537 |
151 |
19 |
24 |
Banks |
CapitaLand Invest |
9CI |
34 |
20,544 |
78 |
17 |
*16 |
Financial Services |
CityDev |
C09 |
15 |
7,137 |
120 |
16 |
-13 |
Real Estate (excl. REITs) |
YZJ Shipbldg |
BS6 |
28 |
5,988 |
24 |
14 |
45 |
Industrials |
Singtel |
Z74 |
82 |
43,581 |
450 |
14 |
3 |
Telecommunications |
Wilmar Intl |
F34 |
35 |
29,675 |
143 |
14 |
-7 |
Consumer Non-Cyclicals |
SATS |
S58 |
11 |
4,870 |
24 |
12 |
-2 |
Industrials |
ThaiBev |
Y92 |
17 |
17,961 |
14 |
11 |
-8 |
Consumer Non-Cyclicals |
CapLand IntCom Trust |
C38U |
52 |
14,900 |
109 |
10 |
0 |
REITs |
SIA |
C6L |
34 |
16,321 |
66 |
10 |
17 |
Industrials |
DBS |
D05 |
179 |
92,203 |
-40 |
10 |
35 |
Banks |
ST Engineering |
S63 |
23 |
12,846 |
63 |
10 |
2 |
Industrials |
OCBC Bank |
O39 |
111 |
55,601 |
161 |
9 |
17 |
Banks |
SGX |
S68 |
30 |
10,649 |
101 |
8 |
4 |
Financial Services |
ComfortDelGro |
C52 |
20 |
3,228 |
-56 |
6 |
-14 |
Industrials |
Genting Sing |
G13 |
17 |
9,839 |
22 |
5 |
-8 |
Consumer Cyclicals |
JMH USD |
J36 |
18 |
53,836 |
-5 |
3 |
3 |
Consumer Non-Cyclicals |
Ascendas REIT |
A17U |
35 |
12,300 |
-73 |
2 |
2 |
REITs |
Dairy Farm USD |
D01 |
4 |
5,170 |
-21 |
2 |
-28 |
Consumer Non-Cyclicals |
Mapletree Ind Trust |
ME8U |
20 |
7,200 |
-59 |
1 |
-1 |
REITs |
UOL |
U14 |
10 |
5,945 |
-36 |
-1 |
-6 |
Real Estate (excl. REITs) |
Hongkong Land USD |
H78 |
16 |
15,494 |
13 |
-2 |
35 |
Real Estate (excl. REITs) |
Mapletree Log Trust |
M44U |
29 |
8,848 |
-30 |
-2 |
-1 |
REITs |
Frasers L&C Trust |
BUOU |
13 |
5,389 |
-14 |
-4 |
14 |
REITs |
Venture |
V03 |
21 |
5,105 |
-106 |
-4 |
-2 |
Technology (Hardware/ Software) |
Mapletree Com Trust |
N2IU |
44 |
6,281 |
-133 |
-6 |
-2 |
REITs |
Keppel DC REIT |
AJBU |
14 |
3,916 |
-51 |
-6 |
-8 |
REITs |
*2021 total return from 20 Sep 2021. Source: SGX, Refinitiv, Bloomberg (Data as of 31 March 2022)
Created by SGX | Sep 12, 2024
Created by SGX | Sep 09, 2024
Created by SGX | Sep 03, 2024