Billion-dollar club averages 23% total returns year to date
Cyclical and defensive sectors lead top performers
Singapore
SINGAPORE now has 105 stocks with market capitalisation above S$1 billion, the Singapore Exchange (SGX) said on Wednesday.
So far this year, these stocks, which span both local and international businesses operating across a number of different sectors and industries, have averaged 23.1 per cent total returns, including dividends which are assumed to be re-invested.
This is in line wit…
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