Top 10 Best-Performing Stocks Listed on SGX in 2018

It was a rough year for the Singapore stock market in 2018, with most stocks seeing red. Despite the negative sentiments, there are stocks that have managed to tide through the volatility and shown overall growth.

We look at the price of stocks that are more than 20 Singapore cents (minimum trading price), based on market opening on 2 January 2018 and market close on 28 December 2018. Here are the top 10 best-performing stocks listed on the SGX in 2018.

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#10 PCI Limited (SGX: P19)

Opening price per share on 2 Jan 2018 = 0.770

Closing price per share on 28 Dec 2018 = 1.060

Percentage change = 38%

#9 Cityneon Holdings Limited (SGX: 5HJ)

Opening price per share on 2 Jan 2018 = 0.940

Closing price per share on 28 Dec 2018 = 1.300

Percentage change = 38%

#8 SEVAK Limited (SGX: BAI)

Opening price per share on 2 Jan 2018 = 2.730

Closing price per share on 28 Dec 2018 = 3.810

Percentage change = 40%

#7 China Sunsine Chemical Holdings Ltd (SGX: CH8)

Opening price per share on 2 Jan 2018 = 0.910

Closing price per share on 28 Dec 2018 = 1.270

Percentage change = 40%

#6 Japfa Ltd (SGX: UD2)

Opening price per share on 2 Jan 2018 = 0.510

Closing price per share on 28 Dec 2018 = 0.720

Percentage change = 41%

#5 LTC Corporation Limited (SGX: L17)

Opening price per share on 2 Jan 2018 = 0.650

Closing price per share on 28 Dec 2018 = 0.920

Percentage change = 42%

#4 Shinvest Holding Ltd (SGX: BJW)

Opening price per share on 2 Jan 2018 = 0.480

Closing price per share on 28 Dec 2018 = 0.780

Percentage change = 63%

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Here are the Top 3 Performers on The SGX in 2018:

#3 Best World International Limited (SGX: CGN)

Opening price per share on 2 Jan 2018 = 1.333

Closing price per share on 28 Dec 2018 = 2.610

Percentage change = 96%

Best World develops and distributes premium skincare, personal care, nutritional and wellness products. One of the hottest stocks in the market the past few years, Best World continues to flourish amidst market uncertainty. The company posted a net profit of $29.9 million in 3Q2018 and has also declared a special dividend of 1.2 cents per share.

#2 Delong Holdings Limited (SGX: BQO)

Opening price per share on 2 Jan 2018 = 2.650

Closing price per share on 28 Dec 2018 = 6.310

Percentage change = 138%

Delong Holdings is a steel manufacturing and trading company headquartered in China. In 2018, Delong’s CEO initially attempted to privatize the company. However, he later backed out of the privatization offer, after being required to revise his offer price of $7.00 upwards to $7.42 a share.

#1 Creative Technology Ltd (SGX: C76)

Opening price per share on 2 Jan 2018 = 1.100

Closing price per share on 28 Dec 2018 = 3.460

Percentage change = 215%

After years of relative inactivity, Creative saw significant movement in 2018. This comes on the back of an announcement on the company’s upcoming Super X-Fi product that optimizes audio, promising to deliver a 3D listening experience and simulating surround sound.

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As we head into the new year, these stocks may face the challenge of staying resilient and continuing their stellar performance in 2019.

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