Total returns of top 50 stocks hit 12% QTD

Seven firms are noted to have higher total returns compared to the best-performing trust.

The 50 most traded companies by turnover outperformed the 43 trusts in the S-REIT sector in QTD, according to an SGX report. These firms averaged a total return of 12% compared to the 1% average total return generated by the S-REITS.

The top 50 firms also posted a 6% median total return over the same period, compared to the 2% median total return of S-REITs. These companies are also the recipient of $1.2b in net institutional inflow over the past 11 months of 2019.

Seven listed companies notably that outpaced the top S-REITs in 11M 2019, said SGX. These are identified to be Global Invacom, Rex International, AEM Holdings, Frencken Group, Hi-P International, UMS Holdings and Sunpower. The report noted that these firms adopted technology advancements into their business.

The seven firms generated total returns above 60%, higher than even Keppel DC REIT’s total return of 60%.

Meanwhile, the listed trusts amongst S-REITs posted an average total return of 23% and median total return of 20% for the past 11 months.

The report noted that this sector has seen record secondary fundraisings in 2019, totalling more than $6b. The four REIT IPOs in Singapore has ranked amongst South East Asia’s five biggest IPOs in 2019 by deal value. The five strongest REIT performances during the same period were Keppel DC REIT, Ascendas Hospitality Trust (Stapled Trust), Ascendas India Trust (Business Trust), Mapletree Commercial Trust and Sasseur REIT.

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.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia