SGX All Healthcare Index sees 3% returns year-to-date
Singapore
THE SGX All Healthcare Index generated a total return of three per cent in the year-to-date (YTD), below the 3.6 and 4.6 per cents generated, respectively, by the MSCI AC Asia Pacific Ex Japan Healthcare Index and the MSCI World Healthcare Index.
But on a 12-month basis, the Singapore Exchange said the index, which comprises stocks that report at least half their revenues from healthcare in the last financial year, as well as Reits with investments in healthcare facilities, outperformed the other two indices. The index registered a total return of 16.2 per cent - against the MSCI AC Asia Pacific Ex Japan Healthcare Index's negative 0.5 per cent and the MSCI World Healthcare Index's 10.4 per cent.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
US: Wall St opens lower as Meta Platforms, economic data weigh