2022 Recap: TigerTrade Top 10 Hot Singapore Stocks

Here are the top 10 hot Singapore stocks in the Tiger Community in 2022:

Let's see how these stocks perform in 2022.

1. $SINGAPORE AIRLINES LTD(C6L.SI)$

Singapore Airlines became profitable within the last five years. That would generally be considered a positive, so we are surprised to see the share price is down.

It could be that the revenue decline of 18% per year is viewed as evidence that Singapore Airlines is shrinking. This has probably encouraged some shareholders to sell down the stock.

Singapore Airlines shares rose 12.86% in 2022.

2. $DBS GROUP HOLDINGS LTD(D05.SI)$

DBS is one of the largest financial services groups in Asia. The largest bank in Singapore as measured by assets, and a leading bank in Hong Kong. DBS has leading positions in corporate, SME and consumer banking, treasury and markets, wealth management, securities brokerage, equity and debt fund raising.

Beyond the anchor markets of Singapore and Hong Kong, DBS serves corporate, institutional and retail customers through its operations in China, India, Indonesia, Malaysia, Thailand and The Philippines.

DBS shares rose 8.39% in 2022.

3. $Straits Times Index(STI.SI)$

The Straits Times Index (STI) is a market capitalization weighted index that tracks the performance of the top 30 companies listed on SGX.

The index rose 4.09% in 2022.

4. $OVERSEA-CHINESE BANKING CORP(O39.SI)$

Oversea-Chinese Banking Corp. Ltd. engages in the provision of financial and banking services. It operates through the following business segments: Global Consumer or Private Banking, Global Wholesale Banking, Global Treasury & Markets, Insurance, and Others.

The Global Consumer or Private Banking segment offers checking accounts, fixed deposits, savings, consumer loans, credit cards, wealth management products, and brokerage services.

The Global Wholesale Banking segment provides a range of financing solutions including long-term project financing, short-term credit, working capital and trade financing, as well as customized and structured equity-linked financing.

The Global Treasury and Markets segment deals with foreign exchange rates, money market, fixed income and derivatives trading, and structured treasury products.

The Insurance segment offers fund management, as well as life and general insurance. The Others segment includes property and investment holding operations.

OCBC shares rose 11.84% in 2022.

5. $UNITED OVERSEAS BANK LIMITED(U11.SI)$

United Overseas Bank Limited (UOB) is a Singapore-based bank with a global network of approximately 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. UOB provides a range of financial solutions globally through its business segments, which includes Group Retail (GR), Group Wholesale Banking (GWB) and Global Markets (GM).

GR segment offers a range of products and services, including deposits, insurance, card, wealth management, investment, loan and trade financing products.

GWB provides customers with a range of products and services, including financing, trade services, cash management, capital markets solutions and advisory and treasury products.

GM provides a suite of treasury products and services across multi-asset classes, which includes foreign exchange, interest rate, credit, commodities, equities and structured investment products.

UOB shares rose 18.98% in 2022.

6. $SINGTEL(Z74.SI)$

Singapore Telecommunications Ltd. is an investment holding company, which engages in the provision of telecommunications systems and services. It operates through the following segments: Group Consumer, Group Enterprise, Group Digital Life, and Corporate.

The Group Consumer segment includes mobile, pay TV, fixed broadband and voice, as well as equipment sales.

The Group Enterprise segment provides services include mobile, equipment sales, fixed voice and data, managed services, cloud computing, cyber security, information technology, and professional consulting.

The Group Digital Life segment focuses on digital marketing, regional premium over-the-top video, and advanced analytics and intelligence capabilities.

The Corporate segment comprises the costs of Group functions not allocated to the business segments.

Singtel shares rose 15.78% in 2022.

7. $SINGAPORE EXCHANGE LIMITED(S68.SI)$

Singapore Exchange Ltd. is an investment holding company, which engages in the treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services.

It operates through the following segments: Equities; Fixed Income, Currencies and Commodities; Data, Connectivity & Indices; and Corporate.

Singapore Exchange shares are down 0.39% in 2022. 

8. $NIO Inc.(NIO.SI)$

NIO, Inc. is a holding company which engages in the design, manufacture, and sale of electric vehicles. Its products include the EP9 supercar and ES8 7-seater SUV.

It provides users with home charging, power express valet services, and other power solutions including access to public charging, access to power mobile charging trucks, and battery swapping. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration.

NIO shares are down 40.18% in 2022.

9. $STI ETF(ES3.SI)$

SPDR® Straits Times Index ETF (the “Fund”) , Singapore’s first locally created exchange traded fund, is designed to track the performance of the Straits Times Index.

The investment objective of the Fund is to replicate as closely as possible, before expenses, the performance of the Straits Times Index ("Index"). The Fund will seek to achieve this objective by investing all, or substantially all, of its assets in Index Shares in substantially the same weightings as reflected in the Index.

The fund rose 7.61% in 2022.

10. $GENTING SINGAPORE LIMITED(G13.SI)$

Genting Singapore is a constituent stock of the Straits Times Index and is one of the largest companies in Singapore by market capitalization. The principal activities of Genting Singapore and its subsidiaries are in the development, management and operation of integrated resort destinations including gaming, hospitality, MICE, leisure and entertainment facilities.

Genting Singapore owns Resorts World Sentosa in Singapore, offering a casino, S.E.A. Aquarium, Adventure Cove Waterpark, Universal Studios Singapore theme park, hotels, MICE facilities, celebrity chef restaurants and specialty retail outlets.

Genting Singapore shares gained 26.32% in 2022.