OREANDA-NEWS. March 29, 2016. The Straits Times Index (STI) comprises 30 constituents with a combined market capitalisation of S\\$394.2 billion. As discussed yesterday (click here), the composition of the STI is reviewed every quarter, and there are up to five STI Reserve List stocks which can replace any constituent removed during the period leading up to the next quarterly review. The STI Reserve list comprises First Resources, Keppel REIT, Singapore Post, Suntec REIT, and Neptune Orient Lines.

In the month thus far, the STI has registered a total return of 6.2%, outperforming the Hang Seng Index and Dow Jones Industrial Average, which have gained 4.3% and 3.6% respectively in SGD terms over the same period. In terms of year-to-date total returns, STI declined 1.6%. This compares with a decline of 10.0% and 2.0% respectively for the Hang Seng Index and Dow Jones Industrial Average in SGD terms over the same period.

Source: SGX & Bloomberg (data as of 28 March 2016)

Best-Performing STI Constituents in MTD

In the month thus far, the five best-performing STI constituents were Sembcorp Industries (+14.6%), Keppel Corporation (+13.7%), Golden Agri-Resources (+13.5%), DBS Group Holdings (+11.7%) and City Developments (+10.5%). Together, these five stocks averaged a 12.8% month-to-date total return.

Total Return MTD %

Source: SGX & Bloomberg (data as of 28 March 2016)

The table below details the five best performers of the Index in terms of month-to-date total return, and is sorted according to total returns. Click on each stock to visit its profile page on SGX StockFacts.

Name SGX Code Index Weight % Market Cap in S\\$B Total Return MTD % Total Return YTD % Total Return 3 Yrs % Total Return 5 Yrs % Dvd Ind Yld % GICS® Sub Industry Name
Sembcorp Industries U96 1.2 5.5 14.6 0.7 -34.1 -27.8 3.6 Industrial Conglomerates
Keppel Corporation BN4 3.7 10.7 13.7 -9.5 -38.2 -30.5 5.8 Industrial Conglomerates
Golden Agri-Resources E5H 1.2 5.3 13.5 23.5 -24.5 -33.0 1.2 Agricultural Products
DBS Group Holdings D05 11.8 38.0 11.7 -9.1 4.2 25.7 4.0 Diversified Banks
City Developments C09 2.0 7.1 10.5 2.7 -27.4 -26.2 1.0 Diversified Real Estate Activities
Average       12.8 1.7 -24.0 -18.4 3.1  

Source: SGX, Bloomberg & SGX StockFacts (data as of 28 March 2016)

The five least-performing component stocks of the STI in the month thus far were CapitaLand Mall Trust (-3.2%), StarHub (-1.8%), Singapore Airlines (-1.5%), ComfortDelGro Corporation (-1.3%) and SATS (-1.0%).

Best-Performing STI Constituents in YTD

In the year thus far, the five best-performing STI constituents were Golden Agri-Resources (+23.5%), Jardine Cycle & Carriage (+14.5%), Wilmar International (+13.9%), CapitaLand Commercial Trust (+12.2%) and CapitaLand Mall Trust (+11.5%). Together, these five stocks averaged a 15.1% year-to-date total return.

Total Return YTD %

Source: SGX & Bloomberg (data as of 28 March 2016)

The table below details the five best performers of the Index in terms of year-to-date total return, and is sorted according to total returns. Click on each stock to visit its profile page on SGX StockFacts.

Name SGX Code Index Weight % Market Cap in S\\$B Total Return MTD % Total Return YTD % Total Return 3 Yrs % Total Return 5 Yrs % Dvd Ind Yld % GICS® Sub Industry Name
Golden Agri-Resources E5H 1.2 5.3 13.5 23.5 -24.5 -33.0 1.2 Agricultural Products
Jardine Cycle & Carriage C07 1.9 15.8 3.5 14.5 -11.8 29.8 2.4 Distributors
Wilmar International F34 3.1 21.2 7.7 13.9 3.6 -31.4 2.3 Agricultural Products
CapitaLand Commercial Trust C61U 1.3 4.3 2.4 12.2 9.1 36.5 5.9 Office REITs
CapitaLand Mall Trust C38U 2.5 7.5 -3.2 11.5 18.8 45.6 5.3 Retail REITs
Average       4.8 15.1 -0.9 9.5 3.4  

Source: SGX, Bloomberg & SGX StockFacts (data as of 28 March 2016)

The five least-performing component stocks of the STI in the 2016 year thus far were Hongkong Land Holdings (-14.8%), Global Logistic Properties (-11.4%), Yangzijiang Shipbuilding (Holdings) (-11.4%), Keppel Corporation (-9.5%) and StarHub (-9.5%).