184 views

Global consumer non-cyclical stocks are strongest performing so far: SGX

These stocks were led by Genting Singapore and Golden Agri.

Since the US bank turmoil began from March to May, the global consumer non-cyclical stocks have ranked amongst the three strongest performing sectors in the early months of 2023, SGX said.

The top 20 most traded consumer-focused stocks over the past 17 weeks span 12 non-cyclical stocks and eight cyclical stocks, based on the bourse’s analysis. 

Both the 12 non-cyclical stocks and eight cyclical stocks booked combined net institutional inflow over the 17 weeks, led by Genting Singapore and Golden Agri-Resources.

Over the past three months, Genting Singapore ranked as Singapore’s most traded consumer stock whilst booking the highest net institutional inflow across the local stock market and posting a 17% total return. 

 

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.