Largest IT stocks boast 5% gain in October

Discover who the best performers were.

Singapore's largest IT stocks averaged a 5% in October, led by double-digit gains by five key counters.

According to a report by the SGX, the five best performers in the year thus far were iFAST Corporation, Chuan Hup Holdings, Venture Corporation, GP Industries and UMS Holdings.

iFast Corporation was the best performer with a 35.2% total year-to-date return, followed by Chuan Hup with a 19.7% total YTD return.

Meanwhile, Venture Corporation, Singapore's largest IT stock, booked a 15.6% total YTD return in October.

GP Industries registered a 15.3% total YTD return in October, while UMS Holdings booked a 11.1% total return.

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