- In the 2021 YTD, Singapore’s 10 most traded stocks averaged 17% total returns on S$622 million of combined net institutional inflow. The 10 stocks contributed 43% of the 2021 YTD combined daily turnover of all Singapore-listed stocks and make up 35% of the combined market capitalisation. The 10 stocks averaged a 2% decline last week while booking combined net institutional inflow of S$92 million.
- In the 2021 YTD, retail investors have been net sellers of the 10 stocks, with a combined S$1.4 billion of net retail outflows. This followed a surge of S$6.2 billion of combined net retail inflows for the same 10 stocks in 2020, which ended the year averaging an 8% decline in total return. Singapore’s most traded stock, DBS Group Holdings, saw close to S$2.0 billion in net retail inflows for the first three quarters of 2020, before booking net retail outflows of S$1.9 billion in the subsequent three quarters of 4Q20 to 2Q21. The average closing price of DBS Group Holdings in the first three quarters of 2020 was near S$21.50, compared to near S$26.50 for the subsequent three quarters.
- Singapore Airlines has moved from the ninth most traded stock in 2020 to the fifth most traded stock in the 2021 YTD, with Yangzijiang Shipbuilding Holdings and CapitaLand replacing Singapore Exchange and Mapletree Logistics Trust as top 10 traded stocks. With the exception of CapitaLand Integrated Commercial Trust, the stocks tabled above can also be traded as Daily Leverage Certificates by Specified Investment Products (SIP) qualified investors.
- Among the 10 stocks, Singapore Telecommunications and Ascendas REIT were the most defensive stocks last week, with both stocks ending unchanged, maintaining respective 5% and 7% total returns in the 2021 YTD. On 2 August, Ascendas REIT reported gross revenue for 1HFY21 (ended 30 June) increased 12.4% YoY, mainly attributed to revenue contribution from recent acquisitions. These include two office properties in San Francisco, acquired in November 2020 and 11 data centres across Europe, acquired in March 2021, as well as two suburban offices in Australia, acquired in January 2021 and September 2020.