SG Market Updates

Singapore’s Most Traded Stocks, Flows & Performances in 1Q23

MQ Trader
Publish date: Mon, 03 Apr 2023, 04:36 PM
  • STI constituents that booked the highest net institutional inflow proportionate to quarter-end market cap included Sembcorp Industries, Genting Singapore and Keppel DC REIT, while Keppel Corp and Yangzijiang Shipbuilding and City Developments booked the highest net institutional outflow proportionate to quarter-end market cap. The STI booked a 0.8% total return for 1Q23, with the FTSE ASEAN All-Share Index gaining 0.3%.
     
  • In 1Q23 Singapore’s 100 most traded stocks averaged 3% total returns, following on from the same 100 stocks averaging 10% average total returns in 2022. Of these 100 stocks, Food Empire, Samudera Shipping, Acesian Partners Delfi and Best World International generated the highest returns in 1Q23, while The Place Hldg, Medtecs Intl, Japfa, Rex Intl and Manulife REIT led the declines for the quarter.  
     
  • Stocks that moved to within the 100 most traded stocks in 1Q23 (from outside the 100 traded stocks in 2022) included Halcyon Agri, Thomson Medical, China Aviation Oil, Tianjin Pharmaceutical Da Ren Tang, Sabana Industrial REIT, Food Empire, Delfi, Pollux Properties, Cosco Shipping International (Singapore), and Medtecs International.
     

 

In 1Q23 Singapore’s 100 most traded stocks averaged 3% total returns, following on from the same 100 stocks averaging 10% average total returns in 2022. This was generally in-line with the STI’s 0.8% total return, the FTSE ASEAN All-Share Index 0.3% total return and the FTSE Asia Pacific total return of 3.8% in 1Q23.

Within the STI, the net institutional inflow and outflow of each constituent proportionate to the constituent’s market capitalisation, saw Sembcorp Industries, Genting Singapore and Keppel DC REIT book the highest proportionate net institutional inflow in 1Q23. Meanwhile Keppel Corporation, Yangzijiang Shipbuilding (Holdings) and City Developments booked the highest proportionate net institutional outflow. Yangzijiang Shipbuilding (Holdings) and City Developments were the least performing STI stocks in 1Q23, while Keppel Corporation was among the four strongest performers of the STI in 1Q23, along with Sembcorp Industries, Genting Singapore and Keppel DC REIT. The net institutional outflow booked by Keppel Corporation (and net inflow booked by Sembcorp Marine) in 1Q23 coincided with the completed the combination of Keppel Offshore & Marine with Sembcorp Marine.

The quarter also saw developments across the five key market drivers of global interest rates, decelerating growth, persistent inflation, geopolitical tensions as well as global financial stability being nudged in March. While these drivers began the year as overarching, their universal impact on sectors and stock has been dissipating this quarter, with the OECD noting two weeks ago that emerging-market economies in Asia are likely to be less affected by the global slowdown, helped by the rebound in China and more moderate inflation pressures.

The 100 most-traded Singapore listed stocks in 1Q23 saw a combined S$1.1 billion in average daily trading turnover over the quarter, while contributing the bulk of the S$1.61 billion in net institutional outflow. As many stocks that booked net institutional outflow in 1Q23, booked net institutional inflow. This saw the Consumer Cyclical, Utilities, Consumer Non-Cyclicals, Technology, Healthcare and Energy Sectors book net institutional inflow in 1Q23, while Financial Services, Telecommunications, REITs, Industrials, Real Estate (excl. REITs) and Materials & Resources booked net institutional outflow. Stocks that led the net institutional inflow to the Consumer Cyclical Sector in 1Q23 included Genting Singapore, Best World International, Halcyon Agri, Parkson Retail^ and NIO Inc, in addition to The Hour Glass and Zhongmin Baihui Retail Group, with the latter two stocks ranking outside the 100 most traded stocks by turnover in 1Q23.

Among the 100 most traded stocks in 1Q23, the 10 that booked the highest net institutional inflow proportionate to quarter-end market capitalisation averaged 19% total returns in 1Q23, compared to a 13% decline for the 10 stocks that booked the highest net institutional outflow proportionate to quarter-end market capitalisation. This stocks are tabled below.

Actively-traded stocks that booked the highest net institutional inflow proportionate to quarter-end mkt cap

Code

Mkt Cap S$M

1Q23 Net Insti. Flow S$M

1Q23 Net Insti. Flow / Mkt Cap

1Q23 Total Return %

2022 Total Return %

Sector

Boustead Proj*

AVM

299

10.5

3.5%

16

-17

Industrials

Acesian Partners

5FW

30

0.9

3.2%

48

162

Industrials

Parkson Retail^

O9E

55

1.3

2.4%

0

645

Consumer Cyclicals

Best World

CGN

1,070

25.3

2.4%

38

37

Consumer Cyclicals

ISDN

I07

225

5.0

2.2%

17

-38

Technology

Frencken

E28

483

7.8

1.6%

20

-51

Technology

YZJ Fin Hldg

YF8

1,378

20.9

1.5%

6

N/A

Financial Services

CapLand China T

AU8U

1,876

25.8

1.4%

3

-1

REITs

Sembcorp Ind

U96

7,793

104.4

1.3%

30

73

Utilities

Genting Sing

G13

13,521

171.2

1.3%

17

26

Consumer Cyclicals

 

Actively-traded stocks that booked the highest net institutional outflow proportionate to quarter-end mkt cap

Code

Mkt Cap S$M

1Q23 Net Insti. Flow S$M

1Q23 Net Insti. Flow / Mkt Cap

1Q23 Total Return %

2022 Total Return %

Sector

The Place Hldg

E27

41

-6.4

-15.7%

-68

-72

Financial Services

Rex Intl

5WH

203

-5.1

-2.5%

-27

-28

Energy/ Oil & Gas

Prime US REIT USD

OXMU

505

-12.3

-2.4%

-16

-47

REITs

Suntec REIT

T82U

4,128

-99.4

-2.4%

5

-3

REITs

Keppel Corp

BN4

10,025

-207.0

-2.1%

19

49

Industrials

Jiutian Chemical

C8R

145

-2.7

-1.8%

-10

16

Materials & Resources

Manulife REIT USD

BTOU

509

-9.1

-1.8%

-23

-53

REITs

ComfortDelGro

C52

2,556

-45.6

-1.8%

-4

-8

Industrials

Geo Energy Res

RE4

461

-7.8

-1.7%

2

20

Energy/ Oil & Gas

YZJ Shipbldg SGD

BS6

4,741

-80.3

-1.7%

-12

107

Industrials

Source: SGX, Refinitiv, Bloomberg (Data as of 31 March 2023). Note ^ on SGX Watchlist. Fund Flows takes account of trades in the ‘Buying-in Market’ and ‘Unit Share Market’.

*Note Boustead Projects requested mandatory suspension on 28 March, following number of shares in public hands as of 17 March falling below the 10% threshold.

The 100 stocks included four Catalist-listed stocks - Jiutian Chemical Group, Pollux Properties, Medtecs International and Acesian Partners. Stocks that moved from outside the 100 traded stocks in 2022, to within the 100 most traded in 1Q23 included Halcyon Agri, Thomson Medical Group, China Aviation Oil (S) Corporation, Tianjin Pharmaceutical Da Ren Tang Group Corp, Sabana Industrial REIT, Food Empire Holdings, Delfi, Pollux Properties, Cosco Shipping International (Singapore) Co, and Medtecs International Corporation.

The 100 most traded SGX-listed stocks in 1Q23, sort by highest trading turnover are tabled below.

100 most traded Singapore listed Stocks in 1Q23

Code

Mkt Cap S$M

1Q23 Avg Daily T/O S$M

1Q23 Net Insti. Flow S$M

1Q23 Net Retail Flow S$M

1Q23 Px Chg %

1Q23 Total Return %

Last week of March Avg. Bid/Ask Spread (bps)

Sector

DBS

D05

85,101

146.9

-773.3

560.6

-3

-3

3.9

Financial Services

UOB

U11

49,856

101.3

-353.6

262.1

-3

-3

4.5

Financial Services

OCBC Bank

O39

55,591

69.4

-31.7

-95.3

2

2

8.7

Financial Services

Singtel

Z74

40,601

55.8

-277.8

175.5

-4

-4

41.2

Telecommunications

CapLand IntCom T

C38U

13,164

43.4

-106.0

49.4

-3

0

51.4

REITs

YZJ Shipbldg SGD

BS6

4,741

42.0

-80.3

53.1

-12

-12

82.1

Industrials

Sembcorp Marine

S51

8,120

41.5

57.8

-59.8

-14

-14

89.8

Industrials

Genting Sing

G13

13,521

33.7

171.2

-195.7

17

17

91.8

Consumer Cyclicals

Keppel Corp

BN4

10,025

31.4

-207.0

203.2

19

19

18.2

Industrials

CapLand Ascendas REIT

A17U

12,023

31.1

-14.3

-24.3

4

7

35.4

REITs

CapitaLand Invest

9CI

18,848

26.1

15.6

-34.3

-1

-1

27.7

Financial Services

Mapletree Log Tr

M44U

8,235

25.2

-5.1

-23.8

8

9

58.7

REITs

Wilmar Intl

F34

26,281

25.2

-14.5

6.9

1

1

24.1

Consumer Non-Cyclicals

SIA

C6L

17,021

25.2

19.9

-54.3

4

4

17.5

Industrials

Mapletree PanAsia Com Tr

N2IU

9,431

19.1

1.3

-4.4

8

9

55.9

REITs

JMH USD

J36

18,734

18.1

-29.9

15.0

-5

-2

18.1

Industrials

SGX

S68

10,039

18.1

-15.5

-25.3

5

6

11.4

Financial Services

SATS

S58

4,150

17.1

3.0

-0.6

4

4

37.3

Industrials

ST Engineering

S63

11,413

16.4

38.9

-19.7

9

9

28.0

Industrials

ThaiBev

Y92

15,829

15.8

18.9

-19.0

-8

-6

77.6

Consumer Non-Cyclicals

Sembcorp Ind

U96

7,793

15.4

104.4

-97.8

30

30

23.5

Utilities

Jardine C&C

C07

12,363

14.9

-5.0

-20.7

9

9

9.5

Consumer Cyclicals

CityDev

C09

6,684

14.2

-87.8

69.0

-10

-10

14.2

Real Estate (excl. REITs)

Frasers L&C Tr

BUOU

4,870

13.9

3.7

-1.9

13

13

78.0

REITs

Venture

V03

5,141

13.2

8.8

-30.4

4

4

8.3

Technology

Suntec REIT

T82U

4,128

12.4

-99.4

104.5

4

5

70.2

REITs

Keppel DC REIT

AJBU

3,543

12.0

25.3

-33.3

16

19

48.8

REITs

Mapletree Ind Tr

ME8U

6,492

11.4

-3.6

10.6

7

8

42.7

REITs

HongkongLand USD

H78

13,657

11.2

-5.7

8.7

-5

-1

25.4

Real Estate (excl. REITs)

Keppel REIT

K71U

3,323

9.3

-25.0

36.3

-3

0

57.2

REITs

ComfortDelGro

C52

2,556

8.3

-45.6

46.4

-4

-4

84.4

Industrials

UMS

558

744

8.3

1.8

8.2

-6

-6

92.6

Technology

UOL

U14

5,853

6.5

8.8

-6.3

3

3

16.8

Real Estate (excl. REITs)

CapLand Ascott T

HMN

3,439

6.3

-4.7

-0.4

-5

-3

60.4

REITs

Lendlease REIT

JYEU

1,580

6.2

-26.2

26.1

-4

0

73.5

REITs

Golden Agri-Res

E5H

3,614

6.0

37.1

-20.0

14

14

174.5

Consumer Non-Cyclicals

AEM SGD

AWX

982

5.6

-5.0

2.5

-7

-7

35.4

Technology

Samudera Shipping

S56

679

5.5

8.3

-8.7

50

50

78.6

Industrials

Frencken

E28

483

5.4

7.8

-7.7

20

20

92.9

Technology

Frasers Cpt Tr

J69U

3,909

5.3

10.4

-8.4

9

9

45.4

REITs

Nanofilm

MZH

1,055

5.3

8.5

-11.1

16

16

64.1

Technology

YZJ Fin Hldg

YF8

1,378

4.7

20.9

-17.8

6

6

134.8

Financial Services

Olam Group

VC2

6,026

4.3

-0.7

2.2

8

8

69.7

Consumer Non-Cyclicals

CapLand China T

AU8U

1,876

4.2

25.8

-20.0

0

3

88.8

REITs

ESR-LOGOS REIT

J91U

2,340

4.1

-7.7

16.8

-12

-7

155.5

REITs

First Resources

EB5

2,462

3.6

2.1

-3.3

6

6

64.1

Consumer Non-Cyclicals

Haw Par

H02

2,156

3.3

-18.6

11.0

2

2

15.1

Healthcare

Sheng Siong

OV8

2,541

3.2

8.5

-8.6

2

2

59.7

Consumer Non-Cyclicals

Best World

CGN

1,070

3.1

25.3

-27.7

38

38

44.5

Consumer Cyclicals

Raffles Medical

BSL

2,771

3.1

17.7

-19.9

6

6

68.9

Healthcare

NetLink NBN Tr

CJLU

3,351

2.8

-10.4

9.0

4

4

59.5

Telecommunications

NIO Inc. USD OV

NIO

20,571

2.8

1.3

10.5

0

0

29.4

Consumer Cyclicals

Golden Energy

AUE

2,612

2.6

19.3

-18.1

26

26

57.9

Energy/ Oil & Gas

DFIRG USD

D01

5,467

2.6

18.2

-19.1

3

4

37.8

Consumer Non-Cyclicals

Keppel Infra Tr

A7RU

2,621

2.5

-3.7

8.1

-3

1

93.9

Utilities

CapLand India T

CY6U

1,270

2.5

-13.5

14.2

-4

0

92.9

REITs

DigiCore REIT USD

DCRU

666

2.1

-9.2

7.6

-19

-17

115.5

REITs

CDL HTrust

J85

1,474

2.0

0.2

-1.6

-5

-2

85.9

REITs

Geo Energy Res

RE4

461

1.8

-7.8

7.1

2

2

157.5

Energy/ Oil & Gas

ParkwayLife REIT

C2PU

2,414

1.7

1.5

0.6

6

8

31.4

REITs

HPH Trust USD

NS8U

2,171

1.6

0.7

-1.1

-4

1

52.7

Industrials

IFAST

AIY

1,442

1.6

-0.3

-0.7

-16

-16

26.6

Technology

ManulifeREIT USD

BTOU

509

1.5

-9.1

9.2

-29

-23

229.7

REITs

Rex Intl

5WH

203

1.5

-5.1

5.3

-27

-27

74.6

Energy/ Oil & Gas

RH Petrogas

T13

159

1.5

-0.3

0.5

1

1

57.4

Energy/ Oil & Gas

ISDN

I07

225

1.4

5.0

-6.0

17

17

110.1

Technology

PARAGONREIT

SK6U

2,675

1.4

16.8

-17.2

5

7

53.9

REITs

Top Glove

BVA

2,282

1.4

7.5

-7.7

6

6

176.1

Healthcare

StarHub

CC3

1,799

1.3

-0.1

1.2

0

0

97.2

Telecommunications

AIMS APAC REIT

O5RU

951

1.3

4.1

-4.4

6

8

76.4

REITs

Dyna-Mac

NO4

207

1.2

1.4

-2.7

6

6

84.8

Industrials

Halcyon Agri

5VJ

654

1.2

8.2

-8.8

4

4

121.2

Consumer Cyclicals

Riverstone

AP4

889

1.2

-4.1

2.9

-2

2

98.4

Healthcare

Prime US REITUSD

OXMU

505

1.2

-12.3

12.4

-21

-16

161.8

REITs

Sasseur REIT

CRPU

919

1.1

-4.3

4.3

-1

0

69.0

REITs

Thomson Medical

A50

1,772

1.1

-5.6

3.9

-14

-14

148.1

Healthcare

Yanlord Land

Z25

1,758

1.1

-1.1

1.6

-11

-11

59.0

Real Estate (excl. REITs)

China Aviation

G92

843

1.0

5.2

-4.6

10

10

61.5

Industrials

TJ DaRenTang USD

T14

4,902

1.0

15.0

-16.4

35

35

82.0

Healthcare

SingPost

S08

1,125

1.0

4.0

-4.2

-4

-4

99.5

Industrials

Hong Fok

H30

836

0.9

-0.6

-0.6

7

7

99.1

Real Estate (excl. REITs)

Japfa

UD2

468

0.9

-6.7

6.4

-33

-33

215.3

Consumer Non-Cyclicals

SIA Engineering

S59

2,524

0.9

-1.0

-0.3

-4

-4

47.4

Industrials

Parkson Retail^

O9E

55

0.9

1.3

-1.0

0

0

131.5

Consumer Cyclicals

Far East HTrust

Q5T

1,165

0.9

-0.8

-0.2

-6

-3

84.8

REITs

Emperador Inc.

EMI

7,947

0.9

0.6

-0.4

-1

-1

98.9

Consumer Non-Cyclicals

StarhillGbl REIT

P40U

1,171

0.8

0.5

-0.3

-4

-1

95.9

REITs

Boustead Proj

AVM

299

0.7

10.5

-10.5

16

16

52.5

Industrials

Sabana REIT

M1GU

479

0.7

-0.9

0.8

0

3

117.4

REITs

Acesian Partners

5FW

30

0.7

0.9

-1.3

48

48

158.7

Industrials

Food Empire

F03

544

0.7

2.3

-4.3

61

61

84.8

Consumer Non-Cyclicals

Cromwell REIT EUR

CWBU

1,223

0.7

-4.4

4.0

1

6

76.1

REITs

KepPacOakREITUSD

CMOU

529

0.7

-8.5

8.3

-18

-13

134.9

REITs

Delfi

P34

691

0.7

-2.7

1.3

46

46

91.5

Consumer Non-Cyclicals

Jiutian Chemical

C8R

145

0.6

-2.7

2.5

-10

-10

137.3

Materials & Resources

The Place Hldg

E27

41

0.6

-6.4

6.5

-68

-68

1,341.2

Financial Services

Pollux Prop

5AE

132

0.6

-0.1

0.0

9

9

214.5

Real Estate (excl. REITs)

COSCO SHP SG

F83

367

0.6

-1.5

1.5

-8

-8

68.0

Industrials

Medtecs Intl

546

70

0.6

-0.8

0.7

-36

-36

91.9

Healthcare

Marco Polo Marine

5LY

161

0.6

0.7

-0.6

5

5

234.2

Industrials

Total

 

634,011

1,097

-1,591

766

 

 

 

 

 Average

 

 

 

 

 

2

3

 

 

Source: SGX, Refinitiv, Bloomberg (Data as of 31 March 2023). Note ^ on SGX Watchlist. Fund Flows takes account of trades in the ‘Buying-in Market’ and ‘Unit Share Market’.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment