Straits Times Index (STI)

Right timing: Rebound phase still valid, short term indicators rising

SINGAPORE (Sept 29): Here are some charts this week for our technical analysis.

Right timing: Downwards drift continues

SINGAPORE (Sept 15): Here are some charts for our technical analysis.

Straits Times Index (daily)
The Straits Times Index (3,209), fell 28 points during the week, and continued to weaken. Prices remained below the below the 100-day moving average (currently at 3,250). Both the 50- and 100-day moving averages which had been rising for the past 10 months, are flattening.

How STI’s strongest sectors have fared year to date

SINGAPORE (Aug 30): The benchmark Straits Times Index (STI) has generated a 13.2% price gain year to date (YTD) with its strongest-performing sectors being real estate, financials and industrials.

Out of these three sectors, STI’s eight real estate stocks averaging a 24.1% price gain while its 10 industrial stocks averaging a 13.6% price gain after experiencing declines averaging 0.5% and 5.2%, respectively, in 2016.

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These 3 trusts have generated the highest yields as SGX newcomers

SINGAPORE (Aug 22): Over the past five years, as many 15 trusts – comprising 10 real estate investment trusts (REITs) and stapled trusts – have listed on the Singapore Exchange (SGX) to make up about one quarter of the combined market capitalisation of listed REITs and stapled trusts in Singapore.

These trusts invest in property assets spanning hotels, shopping centres, office towers, industrial parks as well as high-tech and e-commerce facilities.

Right timing: Consolidation for STI continues

From Google Drive

SINGAPORE (July 14): Here are some charts to look out for this coming week

Straits Times Index (daily)

Despite a 26-point rebound on July 13, the sideways range developed by the Straits Times Index (3,235) during the past three months looks set to continue. The 50-day moving average, currently at 3,231 has become less meaningful as it is unlikely to immediate support or resistance in the near term. 

3 SGX-listed hotel, restaurant & leisure stocks worthy of the global stage

SINGAPORE (June 20): Over 30 stocks listed on the Singapore Exchange (SGX) make up part of the 1,200 stocks representing the hotel, restaurant and leisure industry, a key driver of the world’s consumer discretionary sector.

According to the SGX, 20 of these counters have averaged 18% price gains in the year to date (YTD) – comparable to their global peers with average YTD price gains of 18% in SGD terms.

High-yielding billionaire stocks extend beyond the STI

SINGAPORE (June 14): Many investors may not be aware that the Straits Times Index (STI) maintains one of the highest dividend yields across stock markets in Asia Pacific.

As of June 9, 14 out of the 30 STI constituents maintain an indicative dividend yield of at least 3%. Among this group of stocks that have averaged a 10.6% dividend-inclusive return in 2017 YTD are Singtel and OCBC.

No changes to STI constituents

SINGAPORE (June 1): Global index provider FTSE Russell announces that there will be no changes to the constituents of the Straits Times Index (STI), following the June quarterly review.

The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be (in order of size) Suntec REIT, Mapletree Commercial Trust, Sembcorp Marine, Keppel REIT and Yanlord Land Group.

STI buoyed by property stocks

SINGAPORE (May 12): The Straits Times Index has been buoyed this year by increasing investor confidence, rallying by 12.8% in the year to May 9.

Eight of the 17 constituents that have outperformed the STI are property-linked counters. They include industrial real estate investment trust Ascendas REIT, up 17.8% this year, and industrial conglomerate Keppel Corp, up 16.6%.

The second-best performer on the index is Global Logistic Properties, which has gained 33.2%.

Here's why STI investments could see better returns than Singapore’s property market

SINGAPORE (April 4): Taking your chances on Singapore’s Straits Times Index (STI) could be a wiser investment decision than putting your capital in the local property market, says Tata Goeyardi of Religare Capital Markets.

The research house is maintaining its “overweight” view on property developers with its top pick being CapitaLand Limited. It also notes that underperformers such as Frasers Centrepoint Limited (FCL), GuocoLand, UOL and UIC are looking attractive on valuation as well.  

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