To The Moon

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,232.02 points, down 1.53% points in the past 5 days.

During the last 5 trading days, $Sri Trang Gloves(STG.SI)$, $GOLDEN ENERGY AND RESOURCESLTD(AUE.SI)$,$GOLDEN AGRI-RESOURCES LTD(E5H.SI)$, $YZJ Fin Hldg(YF8.SI)$ and $TJ DaRenTang(T14.SI)$ are the top 5 Weekly gainers, up 12.20%, 6.47%, 5.77%, 5.63% and 4.62% respectively.

$SEMBCORP MARINE LTD(S51.SI)$, $NIO Inc.(NIO.SI)$, $THOMSON MEDICAL GROUP LIMITED(A50.SI)$, $YANLORD LAND GROUP LIMITED(Z25.SI)$ and $SEMBCORP MARINE LTD(S51.SI)$ are top 5 decliners of SGX stocks which market capital above S$1 Bln.

​

Below are performance since YTD and key analyses of the TOP 5 gainers:

​

1. $Sri Trang Gloves(STG.SI)$

Sri Trang Gloves (Thailand) Public Company Limited is a Thailand-based manufacturer and distributor of natural rubber and nitrile rubber gloves.

The Company, through its subsidiary, Sri Trang Responsible Gloves Supply Inc., sells and distributes rubber gloves. The Company’s product serves applications, including healthcare and medical, food processing, food handling, manufacturing and operations.

2. $GOLDEN ENERGY AND RESOURCESLTD(AUE.SI)$

Golden Energy and Resources Limited, an investment holding company, engages in the exploration, mining, processing, marketing, and trading of metallurgical coal.

The company operates through Energy Coal, Metallurgical Coal, and Non-Coal Business segments.

In addition, it is involved in gold mining activities; and provision of management consultancy services, as well as invests in renewable energy projects. Golden Energy and Resources Limited operates in China, Indonesia, India, Japan, South Korea, Spain, the Philippines, the Netherlands, Cambodia, Malaysia, and internationally.

3. $GOLDEN AGRI-RESOURCES LTD(E5H.SI)$

Golden Agri-Resources Ltd, an investment holding company, operates as an integrated palm oil plantation company in Europe, China, India, Pakistan, the Middle east, and the United States.

Golden Agri-Resources Limited cultivates, harvests, processes, distributes, and sells crude palm oil and palm kernel. The Company also refines crude palm oil into cooking oil, margarine, and shortening for sale and distribution.

In addition, it offers treasury management, building management, business and management consultancy, telecommunication and multimedia, commercial and industrial real estate management, digital analytics; aerial manuring, construction, training, ship management, chartering, and technology product services.

4.$YZJ Fin Hldg(YF8.SI)$

YANGZIJIANG Financial Holding reported a net profit of S$25.6 million for the second half of its financial year, down 80% from S$130.7 million in H2 FY2021.

The recently spun-off financial unit of Yangzijiang Shipbuilding on Wednesday posted a loss after allowances of S$17.1 million, as opposed to profit after allowances of S$111.9 million in H2 FY2021. This came as a S$135.9 million allowance for credit losses was recorded during the period under review, due to additional allowances made for non-performing debt investments and microfinance loans.

Total income for the half year declined 9% year on year to S$132.4 million from S$145.7 million, mainly due to lower interest income and dividend income.

5. $TJ DaRenTang(T14.SI)$

Tianjin Zhongxin Pharmaceutical Group Co., Ltd. engages in the manufacture, operation, and scientific research of green traditional Chinese medicine. It operates through the following segments: Chinese Medicine, Western Medicine, and Other.

In addition, it provides logistics, stocks, equipment installation, and medicine processing services; medicine inspection and testing services; and pharmaceutical consultancy services.

The company sells its medicinal products under its own brand to the wholesalers; and purchases medicinal products under other brands from distributors and sells these to other wholesalers.