, Singapore

Chart of the Day: Top five F&B stocks hit average returns of 19.9% in January

ThaiBev's returns soared to 35.5% YTD.

This chart from the Singapore Exchange (SGX) with data from Bloomberg shows that the top five best performers amongst food and beverage (F&B) stocks saw their average returns hit 19.9% YTD in January. This brings their 1Y and 3Y total returns to 9.1% and 49.8%, respectively.

Thai Beverage saw the highest returns of 35.5%. Also rounding up the list are QAF (21.4%, Olam (17%), JB Foods (12.9%), Indofood Agri Resources (12.6%).

According to SGX, the 10 largest food and beverage stocks on SGX has a market cap of above $200m.

“These 10 plays are characterised by diversity – in terms of the types of businesses as well as their geographical spread, with most of them reporting revenues from across the Asia-Pacific region,” SGX noted.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Access Partnership closes $16.6m raise with Mayfair and Kartesia
The firm plans to use the capital for acquisitions and to deepen its global footprint.
Saudi Arabia may set up crude oil storage in Singapore
The joint venture will commence in Jurong Island in the second half of 2027.