Industrial stocks on ST Index just a shade ahead of benchmark's year-to-date returns

Singapore

INDUSTRIAL stocks on the Straits Times Index (STI) have marginally outperformed the benchmark so far this year, though they have also been more volatile than other stocks on the benchmark, said the Singapore Exchange (SGX).

The 10 industrial stocks - representing the capital goods and transportation sub-sectors - have delivered on average 12.3 per cent in price returns up till Aug 21, compared with the non-weighted average price returns of the 30 STI stocks at 12.1 per cent, according to an SGX My Gateway note published on Tuesday.