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M&A boost for SGX transport stocks

Tiger Airways leads with 2015 total return of 54.7%, followed by NOL's 46.4%; average for 10 largest stocks is 11.8%
Thursday, January 14, 2016 - 05:50

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Lifted by takeover news at the tail-end of 2015, Tiger Airways and Neptune Orient Lines (NOL) won big among the 10 largest transportation-related stocks listed on the Singapore Exchange (SGX) last year, while Singapore Post (SingPost) sunk on shock resignation of its chief as well as governance woes.

Singapore

LIFTED by takeover news at the tail-end of 2015, Tiger Airways and Neptune Orient Lines (NOL) won big among the 10 largest transportation-related stocks listed on the Singapore Exchange (SGX) last year, while Singapore Post (SingPost) sunk on shock resignation of its chief as

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