Singapore healthcare stocks outdo global index

Singapore

WHILE the local bourse may be anaemic, healthcare stocks are growing from strength to strength, beating the year-to-date total return and average dividend yield of a global healthcare index, said a Singapore Exchange (SGX) "My Gateway" report.

The SGX Healthcare Index experienced a 10.1 per cent year-to-date total return and an average dividend yield of 3.1 per cent as at Sept 10, above that of the MSCI World Healthcare Index, which generated a 4.9 per cent 2015 year-to-date total return and averages a dividend yield of 1.8 per cent.