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Billion-dollar club averages 23% total returns year to date

Cyclical and defensive sectors lead top performers

Published Wed, Dec 13, 2017 · 09:50 PM

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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