Top utilities stocks averaged total return of 19.5% YTD

China Jinjiang Environment leads the pack with a total return of 28.3%.

The three best-performing utilities stocks have posted an average total return of 19.5% YTD, bringing its one-year total return to 12.5%, according to an SGX report.

China Jinjiang Environment leads the pack with a YTD total return of 28.3%, followed by Keppel Infrastructure Trust (KIT) at 21.5% and China Everbright Water at 8.7%.

Overall, SGX noted that the utilities sector was the top performing sector in September with a total return of 3.7% to outperform banks at 2.2%, real estate (excluding REITs) at 1.4%, technology at 1.3% and REITs at 1%.

In addition, the utilities sector was the fourth best-performing sector in 9M 2019 on SGX with a total return of 14.8% although it trails behind technology (42.1%), REITs (24.2%) and consumer non-cyclicals (17.8%).

Amongst utilities stocks, Sembcorp Industries has the largest market cap at $3.75b, which has a YTD negative total return of 16.8%. KIT came second at $2.74b, followed by China Everbright Water at $886m, China Jinjiang Environment at $859m, CITIC Environment at $742m and SIIC Environment at $638m.

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