STI posted total return of 6% YTD

Amongst constituents, Thai Beverage has the highest total return of 55%.

The Straits Times Index (STI) has recorded a total return of 6% over 9M 2019, whilst its 30 constituents generated an average total return of 8.3% over the same period, according to an SGX report.

This brought their one-year and three-year total returns to 8.9% and 22.6%, respectively. These 30 stocks have a combined market capitalisation of $547b and have averaged price-to-earnings (P/E) and price-to-book (P/B) ratios of 18.0x and 1.9x, respectively.

Amongst the 30 constituents, Thai Beverage leads the pack with the highest total return of 55% YTD. This is followed by Mapletree Commercial Trust at 50.9%, City Developments at 31.9%, UOL Group at 26% and Ascendas REIT at 25.9%.

DBS Group has the largest market cap at $63.3b, followed by Jardine Matheson Holdings at $56.74b and Singtel at $52.58b.

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