The Straits Times Index is made up of the 30 strongest and most liquid stocks listed on the Singapore Exchange (SGX). For many of us, they represent the companies most of us would be very familiar with or have businesses that we would be familiar with.
Some of these companies include DBS, UOB, OCBC, SingTel, CapitaLand, Keppel Corp, Singapore Airlines, Genting Singapore, City Developments, SGX, Venture Corp, Sembcorp Industries, SPH and, of course, 17 other companies.
How The Straits Times Index (STI) Performed So Far In 2019
We are well into the second quarter of 2019, which means many of these companies will be releasing their operating performance for the first quarter of 2019 very soon. Look out for these announcements in the coming weeks.
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In terms of share price performance, the STI has actually generated a total return of 9.6% in the year-to-date (YTD) 2019. Outstripping the -6.5% total loss in 2018. Furthermore, the STI also has a dividend yield of close to 4%.
In this article, we look at the 4 best performing STI component stock in YTD 2019.
Venture Corp (SGX: V03)
Venture Corp is a global electronics services provider with nearly 30 companies and 12,000 people under its umbrella. In YTD 2019, Venture Corp has been the best performing STI component, with a return of 37.8%.
With a market capitalisation of $5.6 billion, Venture Corp’s has also delivered the best 3-year total return of 165.8% on the STI. For those interest to learn more about the company, you can visit its website, and look out for its results announcement which will be released on 25 April 2019.
Its share price has increased to $19.24, from $13.76 at the start of 2019. Venture Corp also provides a dividend yield of 3.6%.
Thai Beverage PCL (SGX: Y92)
Based in Thailand, and with a market capitalisation of $20.8 billion, ThaiBev is one of the largest food and beverage companies in South East Asia. Its product width spans beer, spirits, non-alcoholic beverages, restaurants and other related businesses.
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The group comes in second place, delivering a total return of 35.5% in YTD 2019. With a 3-year total returns of 26.5%, ThaiBev has performed better than the average STI return of 26.1%. For those interested to learn more about the company, they can visit its website here, and follow its results announcement which is likely to be released in mid-May (15 May).
Since the start of 2019, its share price has increased t0 $0.825, from $0.605. ThaiBev also pays an annual dividend of 2.1%.
Yangzijiang Shipbuilding (SGX: BS6)
With a market capitalisation of $6.4 billion, Yangzijiang Shipbuilding is one of the largest privately-owned shipbuilding and offshore engineering companies in China.
Yangzijiang Shipbuilding has consistently delivered a strong return in recent years, with a YTD 2019 total return of, of 27.2%, 1-year total return of 38.1%, and 3-year total return of 74.3%.
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Its share price has increased to $1.60 today, from $1.25 at the start of 2019.
Golden Agri-Resources (SGX: E5H)
With more than 498,000 hectares of oil palm plantations in Indonesia, Goldren Agri-Resources is one of the largest oil palm plantation companies in the world. Golden Agri-Resources has a footprint in the entire oil palm value chain, from growing oil palm seedlings with farmers to producing food and fuel products for shelves.
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In the YTD 2019, Golden Agri-Resources has delivered a total return of 24.5%. This puts it in fifth place, behind UOL Group which had a YTD 2019 total return of 25.7%. With a market capitalisation of $3.8 billion, Goldren Agri-Resources is also the second smallest STI component stock. (Note: We covered UOL Group in our 4 Stocks column last week, and you can read more about the update here).
Since the start of 2019, Golden Agri Resources’ share price has risen to $0.295, from $0.245.
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