, Singapore

Noble succumbs as the weakest performer in the game of stocks

Total returns year to date dives to -52.7%.

The Noble Group has been struggling with its tumbling shares lately and the recent report by the SGX My Gateway further highlighted its lapses, tagging it as the weakest performer among the 102 billionaire stocks.

According to the report, Noble has a total returns year-to-date at -52.7%.

The report looked at and analyzed 102 stocks from across industries which have a market cap of over $1 billion each.

The combined market capitalization of all the companies in the list sits at $668.4 billion.

The city-state’s 102 billionaire stocks have averaged a divided-inclusive total return of 7.8%, with an average indicative dividend yield of 3.8%.

At the top of the leaderboard are China Aviation Oil Singapore with a return of 125.2%, agri-company Japfa with 73.6%, brewery ThaiBev with 53.7%, confectionery firm Delfi with 35.1%, and developer Yoma Strategic Holdings with 33.9%.

Meanwhile, Lippo Malls Indonesia Retail has the highest yielding stock with 9.1%. Trailing close behind is Hutchison Port Holdings Trust with 8.1%. It was followed by Frasers Hospitality Trust at 7.8%. Ascott Residence Trust and Keppel Infrastructure Trust joins the list with 7.4% yield each.

The financial sector is the most well-represented sector in the list with 51 companies. Industrial sector trails behind with 20. Of the remaining, 19 belong to the consumer sector made up of consumer discretionary and consumer staples stocks. 

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.