The highlights of The 30 Stocks Beyond the STI Benchmark: SAMU,NIO,BEST & YANZ
@SGX_Stars:
The STI generated a 2.4% total return over the first 15 weeks of 2023 amid a global macro background of persistent inflation and decelerating growth. Ongoing geopolitical tensions also saw manufacturing and wholesale trade weigh 1Q23 Adv GDP growth to +0.1% YoY.With a combined market capitalisation of S$509 billion, together the 30 STI stocks averaged daily trading turnover of S$855 million over the first 15 weeks of 2023, while booking S$2.0 billion of net institutional outflow.By comparison, the next 30 most traded stocks in the year through to 17 April, maintain a combined market capitalisation of S$84 billion, while averaging daily trading turnover of S$167 million and booking S$37 million of net institutional outflow. These 30 most traded Non-STI stocks in the 2023 year to 17 April sp