STI Breaks 4,100 Barrier; Industrials Flows Shine, REITs Ready to Test Demand
The $Straits Times Index(STI.SI)$ added 1.85% this week to close at 4,087.81, hitting a record high of 4,102.97, as Industrials took the lead in 2025 accumulated net institutional inflows. $OKP(5CF.SI)$, with Or Kim Peow at the helm for 58 years also hit an all-time high above S$1.00. Meanwhile, investor appetite for yield and digital infrastructure is set to be tested with the launch of the NTT DC REIT IPO on Monday.STI ended the week up 1.85% at 4,087.81. The new all-time high reached today was 4,102.97.LSEG WorkspaceSince the end of 2019 the STI has generated a 62% total return. A monthly DCA plan in an STI ETF has delivered a 7.0% compound annual growth rate since end-2019. While this t
Stock of the 26 June 2023 Week: PTTEP TH SDR (SGX: TPED)
Current price: S$ 5.73 Price/Book: 1.23x Price/Earnings: 7.43x Dividend Yield: 6.2% Source: SGX and SET as of 25 June 2023 What happened? • $PTT Exploration & Production NVDR(TPED.SI)$ is a leading producer of natural gas and crude oil in Southeast Asia that could benefit if oil prices recover. What are the key drivers? • Close to 60% of $PTT Exploration & Production NVDR(TPED.SI)$ ’s assets are in Thailand and other parts of Southeast Asia. The company’s petroleum production accounts for 62% of Thailand’s total production volume in 2022. • $PTT Exploration & Production NVDR(TPED.SI)$has a competitive average unit cost of about US$28/bbl. Wit
Tech-Sector Led Global Stocks: 14 Most Traded SG Tech-Stocks in Jan
Source From Web$VENTURE CORPORATION LIMITED(V03.SI)$ , $UMS HOLDINGS LIMITED(558.SI)$ & $FRENCKEN GROUP LIMITED(E28.SI)$ have ranked as Singapore’s most traded Technology stocks over the past four weeks, with the trio averaging 14% gains, while booking S$48 million of net fund inflows. This follows average declines of 24% in total return in 2022 on S$139 million of net fund outflows.Global stocks have been led by the Technology Sector and SEMI Industry over the past four weeks, after these segments led declines in 2022. The mean reversion was on the back of an uptick in the outlook for global consumer growth, as China presses ahead with business-friendl