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Healthcare sector's performance paled in 2016

SGX: IHH Healthcare accounts for more than half the sector's market cap - and it had a muted year

Published Fri, Jan 6, 2017 · 09:50 PM

Singapore

HEALTHCARE stocks, which were in the prime of health in 2015, had a ho-hum 2016.

The sector fell to eighth spot, having generated a relatively muted 4.3 per cent on a capitalisation-weighted total-return basis.

It lost its top spot as the best-performing sector on the Singapore bourse to the consumer staples sector, which surged 25.8 per cent.

But, given that the benchmark Straits Times …

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