THE 12 Singapore Exchange (SGX)-listed stocks included in the FTSE Value-Stocks Asean Index have averaged a gain of 3.6 per cent in total return in April thus far, bringing their year-to-date total return to 2.9 per cent.
This compares to the FTSE Value-Stocks Asean Index's month-to-date and year-to-date total returns of 0.4 per cent and 4.9 per cent in Singapore dollar terms respectively, said SGX in a report on Tuesday.
"Of the 12 stocks, the five best performers in terms of month-to-date total return have been CDL Hospitality Trusts (+9.5 per cent), Jardine Cycle & Carriage (+6.9 per cent), City Developments (+6.6 per cent), Mapletree Logistics Trust (+6.4 per cent) and Sembcorp Marine (+6.1 per cent). Together, these five stocks averaged a month-to-date total return of 7.1 per cent," said the report.
Meanwhile, the five highest yielding stocks have been CDL Hospitality Trusts (7 per cent), Mapletree Logistics Trust (6.9 per cent), M1 (6.1 per cent), Keppel Corporation (6.1 per cent) and Yangzijiang Shipbuilding (Holdings) (4.5 per cent).
"Together, these five stocks averaged a 6.1 per cent dividend yield," added SGX.
The FTSE Value-Stocks Asean Index comprises 50 stocks from Asean countries. To be included, securities must be constituents of the FTSE Global All Cap Index, and must adhere to the size, liquidity and free float requirements of the FTSE Global Equity Index Series.
The stocks are further screened based on quality, valuation, and contrarian factors which examine their return on equity (ROE), operating profit margins, net gearing, dividend yields and price-earnings multiples.