From the 21 Oct to 21 Nov close, $Straits Times Index(STI.SI)$ rallied 9.4%, with Singapore's 100 most traded stocks averaging 8.0% total returns. The 100 stocks also saw S$730M of combined net fund inflows over the month, taking their 2022 YTD net fund inflows to S$1.2B.
The 100 stocks represent all key sectors, with Telecommunications, Banks, and Technology Sectors seeing the most net fund inflows, proportionate to their current market capitalisation over the month, while the Energy, Materials & Resources, and Utilities Sectors saw the most proportionate net fund outflows.
Among the 100 stocks, the 10 stocks that saw the most net fund inflows, proportionate to their current market capitalisation, included four Technology stocks - $FRENCKEN GROUP LIMITED(E28.SI)$ , UMS, iFAST and $VENTURE CORPORATION LIMITED(V03.SI)$ , in addition to $SEMBCORP MARINE LTD(S51.SI)$ , $CDL HOSPITALITY TRUSTS(J85.SI)$ , UOB, Acesian Partners, Genting SG, and YZJ Shipbuilding.
Comments