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M&A boost for SGX transport stocks

Tiger Airways leads with 2015 total return of 54.7%, followed by NOL's 46.4%; average for 10 largest stocks is 11.8%

Published Wed, Jan 13, 2016 · 09:50 PM

Singapore

LIFTED by takeover news at the tail-end of 2015, Tiger Airways and Neptune Orient Lines (NOL) won big among the 10 largest transportation-related stocks listed on the Singapore Exchange (SGX) last year, while Singapore Post (SingPost) sunk on shock resignation of its chief as well as governance woes.

On the back of M&A-fuelled share jumps, the overall performance of the 10 largest transport-related stocks in Singapore have also outperformed a global index for transport stocks.

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