FTSE ST All-Share Index Generated 4.2%
OREANDA-NEWS. The FTSE ST All-Share Index comprises 129 constituents, which have a combined market capitalisation of S$574.0 billion. The index achieved a total return of 4.2% in the 2016 year thus far, bringing its one-year total return to 5.1%. In comparison, the benchmark FTSE Straits Times Index (STI) generated a total return of 2.3% in the year-to-date and 3.0% in the past 12 months. The FTSE All World Developed Asia Pacific Index, which comprises 830 large- and mid-capped constituents in Australia, New Zealand, Hong Kong, Japan, South Korea and Singapore, achieved a total return of 0.4% in the YTD and 6.6% over the past year, all in Singapore dollar terms.
From a valuation standpoint, the FTSE ST All-Share Index currently trades at a price-to-earnings (P/E) ratio of 14.5x, price-to-book (P/B) ratio of 1.1x, and maintains a dividend yield of 4.0%. The STI maintains a dividend yield of 3.9%, while the FTSE All World Developed Asia Pacific Index has a yield of 2.8%.
The FTSE ST All-Share index comprises constituents in both the FTSE ST Large & Mid Cap Index and FTSE ST Small Cap index. The index is free float-adjusted and market capitalisation-weighted, and represents approximately 98% of the SGX Mainboard, which passes size, free float and liquidity screens.
The five best-performing constituents of the FTSE All-Share Index in the year-to-date belong to a broad range of industries. They are Best World International (+514.2%), Japfa (+71.5%), K1 Ventures (+49.5%), Thai Beverage (+43.6%) and Yanlord Land (+39.6%).
Best World International Limited is an investment holding company, which develops, manufactures, and distributes skincare, personal care, nutritional, and wellness products worldwide, while Japfa Limited is an industrial agri-food company which produces and sells dairy, animal protein, and packaged food products in Asia. K1 Ventures is a principal investment firm specialising in acquisitions and strategic partnerships and has distributed a total of S$0.30 per share in cash dividends to its shareholders in 2016 so far. Yanlord Land is leading property developer in China, while Thai Beverage is a leading regional beverage company and the largest in Thailand. It is also Singapore’s largest consumer staples stock with a market capitalisation of S$24.1 billion.
The five best-performing constituents of the FTSE All-Share Index are listed in the table below, which is sorted by total returns. Click on each stock to visit its profile page on SGX StockFacts.