2013 Best and Worst Performers of the Straits Times Index as at 12 Jul 13

by 401(K) 2012 @http://www.flickr.com/photos/68751915@N05/6551525739/

13 Jul 2013 Best and Worst Performers of the Straits Times Index as at 12 Jul 13

Let’s take stock on the STI component stocks performance in the first half of 2013 and find out the leaders and laggards.

When calculating the returns, the price has been adjusted for dividends, stocks splits and other corporate actions that may affect the stock price.

First, there are 14 stocks with positive returns and 16 stocks with negative returns. Almost a 50-50 split.

Second, the top 6 stocks had double digit returns:

We know that trying to pick stocks can be very frustrating. Skip that frustration, get 21 ideas to finding profitable stocks in an instant. 

  1. Thai Bev (+51%)
  2. SingTel (+16%)
  3. SIA Engg (+15%)
  4. ST Engg (+14%)
  5. DBS (+11%)
  6. Starhub (+10%)

Third, the worst 6 stocks had double digit negative returns:

  1. Noble Group (-24%)
  2. Golden Agri (-16%)
  3. Capitaland (-16%)
  4. CityDev (-15%)
  5. Jardine C & C (-14%)
  6. Wilmar (-12%)

STI Performance Ranking 12 Jul 13

From the results, we can see that F&B, Telecommunications and Engineering sectors are doing well. Commodities and property developers have taken a beating.

Would this trend continue or reverse?

If you are a trend follower, you might want to long the top performers and short the laggards, subjected to your trading rules.

If you are a counter trend trader, you might want to short the top performers and buy the laggards, subjected to your counter-trend rules.

If you are a pairs trader, you might want to short DBS and buy UOB or OCBC at the same time. Or short Olam and long Noble together.

If you are a value investor, you might be better off looking for good buys near the bottom of the list, subjected to your stock picking criteria.



---------

Grant Yourself The Ability To Make 10 - 15 % Returns Annually. Lifetime Access. Learn at your convenience. Bag stock market profits with ease: Access Now!


New to investing and could use some free and useful guides? Check out: "How to start investing in Singapore"

No Comments

Post A Comment

Another popup!? 

We Are Sorry! But WAIT...

Since you are already reading, why not read on? You are probably reading an article on this site because you are interested in investing and personal finance.

 

If that's true, this value packed ebook, "Investing Your First $20,000" would definitely help you.

 

Simply enter your email below and we will send you the ebook plus insightful finance articles just like the one you were reading before this popup - right to your inbox. No more popups!

 

Try it. You can unsubscribe any time.

Good Job!

Thank You For Your Time

Do check your email for the ebook!