Five largest healthcare stocks generate 2014 average total return of 11.3%

Singapore

STOCKS of healthcare companies, including drugmakers, healthcare equipment manufacturers, biotech firms and services providers, have had a strong showing in 2014.

The Singapore Exchange (SGX) Healthcare Index, made up of 28 stocks, generated a total return of 39.1 per cent over the 12-month period, compared with the Straits Times Index which rose 9.5 per cent on a total return basis.

The five largest healthcare stocks listed on SGX yielded an av…