Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Asia’s leading multi-asset exchange

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Equity Bottom-Up

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<html><body>
<ul>
<li>
On 17 Feb, the STI, led by the bank sector, formed a fresh YTD high at 3,466, and has since declined to below 3,330. While the six sessions through to 25 Feb saw the STI decline 4.3%, reducing its 2021 YTD total return to 5.7%, 17 of the 30 STI stocks booked net institutional inflows, averaging a comparatively defensive 1.6% decline. 
	 </li>
	<li>
Singtel led the STI with a 1.6% gain over the six sessions while also attracting the highest net institutional inflows, with S$158 million of net inflows, taking its 2022 YTD gain to 12.1% with S$465 million of net institutional inflow.  On 15 Feb, Singtel provided a business update, reporting its 3QFY22 net profit increased 24% YoY. 
	 </li>
	<li>In addition to the 17 STI stocks, 13 non-STI stocks ranked among the stocks that attracted the highest net institutional inflow over the six sessions, averaging a 1.5% price gain.  The strongest performers of the 13 stocks over the six sessions included Riverstone, Bumitama Agri, Geo Energy Res, Nanofilm and Chip Eng Seng, averaging 4.8% gains.</li>
</ul>
 
 Just as sector composition played a key role in the STI’s regional and global outperformance through to 17 Feb, it has also been a driver of the STI volatility returning to Dec 2021 levels in the six sessions since 17 Feb. From 17 Feb to 25 Feb, DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank, which make up 45% of the STI weights averaged a 7.6% decline, after averaging 7.0% gains in the Feb month through to 17 Feb. In the month of Feb to date, CME FedWatch expectations for a 50 bps interest rate hike (rather than 25 bps) have grown from less than 10% to near 60% on 15 Feb, and back to near 20% on the 25 Feb close. Note these expectations had further fallen to near 5% prior to the 28 Feb open. With the trio of Singapore-listed banks also reporting FY21 results over the past two weeks, the three stocks have seen more up and down volatility than their global peers, while averaging an overall 1.2% decline for the month in the Feb month to 25 Feb, in-line with the indicative 1.1% decline for their global peers. As the banks booked net institutional outflow for the six sessions spanning 18 Feb to 25 Feb, more than 200 stocks attracted net institutional inflow. While the STI declined 4.3% between 17 Feb and 25 Feb, 17 of the STI constituents ranked among the 30 stocks that saw the most net institutional inflow over the six sessions. These 17 stocks averaged a 1.6% decline, while the 17 non-STI stocks that made up the remaining 30 stocks averaged a 1.5% gain. 
The five stocks that saw the most net institutional inflow over the six sessions are tabled below. All five stocks have either recently or are currently embracing significant strategic initiatives or pivots to boost shareholder value. 

<table class="table table-striped"><tbody>
<tr>
<td>
			Five Stocks with Highest Net Insti Inflow for six sessions ending 25 Feb
			</td>
			<td>
			Code
			</td>
			<td>
			Mkt Cap S$M
			</td>
			<td>
			Price change since 17 Feb %
			</td>
			<td>
			Net Insti Flow since 17 Feb S$M
			</td>
			<td>
			Price Change YTD %
			</td>
			<td>
			Net Insti Flow YTDS$M
			</td>
			<td>
			2021 Total Return %
			</td>
		</tr>
<tr>
<td>
			Singtel
			</td>
			<td>
			Z74
			</td>
			<td>
			42,921
			</td>
			<td>
			1.6
			</td>
			<td>
			157.7
			</td>
			<td>
			12.1
			</td>
			<td>
			464.6
			</td>
			<td>
			3.4
			</td>
		</tr>
<tr>
<td>
			CapLand Int Com Trust
			</td>
			<td>
			C38U
			</td>
			<td>
			14,010
			</td>
			<td>
			-0.5
			</td>
			<td>
			21.5
			</td>
			<td>
			4.1
			</td>
			<td>
			79.8
			</td>
			<td>
			-0.1
			</td>
		</tr>
<tr>
<td>
			Keppel Corp
			</td>
			<td>
			BN4
			</td>
			<td>
			10,770
			</td>
			<td>
			-2.0
			</td>
			<td>
			18.0
			</td>
			<td>
			16.4
			</td>
			<td>
			76.3
			</td>
			<td>
			-1.5
			</td>
		</tr>
<tr>
<td>
			Sembcorp Ind
			</td>
			<td>
			U96
			</td>
			<td>
			4,558
			</td>
			<td>
			-0.8
			</td>
			<td>
			14.4
			</td>
			<td>
			28.0
			</td>
			<td>
			76.0
			</td>
			<td>
			20.3
			</td>
		</tr>
<tr>
<td>
			CapitaLand Invest
			</td>
			<td>
			9CI
			</td>
			<td>
			19,125
			</td>
			<td>
			-0.5
			</td>
			<td>
			14.3
			</td>
			<td>
			9.1
			</td>
			<td>
			77.0
			</td>
			<td>
			N/A
			</td>
		</tr>
</tbody></table>
 Source: SGX, Refinitiv, Bloomberg (Data as of 25 Feb 2022)

 

<a href="https://www.sgx.com/securities/company-announcements?value=SINGAPORE%20TELECOMMUNICATIONS%20LIMITED&amp;type=company">Singapore Telecommunications</a> is pursuing an ongoing strategic reset to develop new growth engines in ICT and digital services which aims to transform NCS into an Asian B2B digital services champion. <a href="https://www.sgx.com/securities/company-announcements?value=CAPITALAND%20INTEGRATED%20COMMERCIAL%20TRUST%20MANAGEMENT%20LIMITED&amp;type=company">CapitaLand Integrated Commercial Trust</a> began trading in Nov 2020, following a merger of CapitaLand Mall Trust and CapitaLand Commercial Trust. <a href="https://www.sgx.com/securities/company-announcements?value=KEPPEL%20CORPORATION%20LIMITED&amp;type=company">Keppel Corporation’s</a> 2030 initiative aims to transform its portfolio into an integrated business, providing solutions for sustainable urbanisation, with a focus on energy and environment, urban development, connectivity, and asset management. <a href="https://www.sgx.com/securities/company-announcements?value=SEMBCORP%20INDUSTRIES%20LTD&amp;type=company">Sembcorp Industries</a> has pressed on with its strategic transformation of its portfolio from brown to green energy, and aims for its sustainable solutions portfolio to comprise 70% of the Group's net profit in 2025, up from around 40% in 2020. <a href="https://www.sgx.com/securities/company-announcements?value=CAPITALAND%20INVESTMENT%20LIMITED&amp;type=company">CapitaLand Investment</a> began trading in September 2021 as one of the globe’s largest real estate investment managers following the significant restructure by CapitaLand into two distinct entities. For the recent financial reports and business updates of the five stocks. 
The 30 stocks that saw the most net institutional inflow over the six sessions are tabled below and ranked by the highest net institutional inflow over the six sessions.

<table class="table table-striped"><tbody>
<tr>
<td>
			Stocks with Highest Net Insti Inflow for six sessions ending 25 Feb
			</td>
			<td>
			Code
			</td>
			<td>
			Mkt Cap S$M
			</td>
			<td>
			Price change since 17 Feb %
			</td>
			<td>
			Net Insti Flow since 17 Feb S$M
			</td>
			<td>
			Price Change YTD %
			</td>
			<td>
			Net Insti Flow YTDS$M
			</td>
			<td>
			2021 Total Return %
			</td>
		</tr>
<tr>
<td>
			Singtel
			</td>
			<td>
			Z74
			</td>
			<td>
			42,921
			</td>
			<td>
			1.6
			</td>
			<td>
			157.7
			</td>
			<td>
			12.1
			</td>
			<td>
			464.6
			</td>
			<td>
			3.4
			</td>
		</tr>
<tr>
<td>
			CapLand Int Com Trust
			</td>
			<td>
			C38U
			</td>
			<td>
			14,010
			</td>
			<td>
			-0.5
			</td>
			<td>
			21.5
			</td>
			<td>
			4.1
			</td>
			<td>
			79.8
			</td>
			<td>
			-0.1
			</td>
		</tr>
<tr>
<td>
			Keppel Corp
			</td>
			<td>
			BN4
			</td>
			<td>
			10,770
			</td>
			<td>
			-2.0
			</td>
			<td>
			18.0
			</td>
			<td>
			16.4
			</td>
			<td>
			76.3
			</td>
			<td>
			-1.5
			</td>
		</tr>
<tr>
<td>
			Sembcorp Ind
			</td>
			<td>
			U96
			</td>
			<td>
			4,558
			</td>
			<td>
			-0.8
			</td>
			<td>
			14.4
			</td>
			<td>
			28.0
			</td>
			<td>
			76.0
			</td>
			<td>
			20.3
			</td>
		</tr>
<tr>
<td>
			CapitaLand Invest
			</td>
			<td>
			9CI
			</td>
			<td>
			19,125
			</td>
			<td>
			-0.5
			</td>
			<td>
			14.3
			</td>
			<td>
			9.1
			</td>
			<td>
			77.0
			</td>
			<td>
			N/A
			</td>
		</tr>
<tr>
<td>
			SATS
			</td>
			<td>
			S58
			</td>
			<td>
			4,544
			</td>
			<td>
			-3.6
			</td>
			<td>
			11.6
			</td>
			<td>
			4.1
			</td>
			<td>
			19.6
			</td>
			<td>
			-2.3
			</td>
		</tr>
<tr>
<td>
			Genting Sing
			</td>
			<td>
			G13
			</td>
			<td>
			9,295
			</td>
			<td>
			-1.9
			</td>
			<td>
			11.1
			</td>
			<td>
			-0.6
			</td>
			<td>
			29.3
			</td>
			<td>
			-7.8
			</td>
		</tr>
<tr>
<td>
			CityDev
			</td>
			<td>
			C09
			</td>
			<td>
			6,475
			</td>
			<td>
			-2.3
			</td>
			<td>
			10.1
			</td>
			<td>
			4.8
			</td>
			<td>
			58.6
			</td>
			<td>
			-12.8
			</td>
		</tr>
<tr>
<td>
			ThaiBev
			</td>
			<td>
			Y92
			</td>
			<td>
			17,082
			</td>
			<td>
			-1.4
			</td>
			<td>
			9.9
			</td>
			<td>
			5.3
			</td>
			<td>
			-2.6
			</td>
			<td>
			-7.6
			</td>
		</tr>
<tr>
<td>
			Suntec REIT
			</td>
			<td>
			T82U
			</td>
			<td>
			4,703
			</td>
			<td>
			0.6
			</td>
			<td>
			7.7
			</td>
			<td>
			10.2
			</td>
			<td>
			28.6
			</td>
			<td>
			7.3
			</td>
		</tr>
<tr>
<td>
			Riverstone
			</td>
			<td>
			AP4
			</td>
			<td>
			1,178
			</td>
			<td>
			11.2
			</td>
			<td>
			7.5
			</td>
			<td>
			13.6
			</td>
			<td>
			14.4
			</td>
			<td>
			-32.0
			</td>
		</tr>
<tr>
<td>
			Ascendas REIT
			</td>
			<td>
			A17U
			</td>
			<td>
			11,754
			</td>
			<td>
			-0.7
			</td>
			<td>
			7.2
			</td>
			<td>
			-2.5
			</td>
			<td>
			-31.8
			</td>
			<td>
			2.1
			</td>
		</tr>
<tr>
<td>
			SPH
			</td>
			<td>
			T39
			</td>
			<td>
			3,751
			</td>
			<td>
			0.0
			</td>
			<td>
			6.6
			</td>
			<td>
			-0.4
			</td>
			<td>
			65.3
			</td>
			<td>
			112.3
			</td>
		</tr>
<tr>
<td>
			Jardine C&amp;C
			</td>
			<td>
			C07
			</td>
			<td>
			8,616
			</td>
			<td>
			-2.9
			</td>
			<td>
			6.5
			</td>
			<td>
			5.8
			</td>
			<td>
			17.3
			</td>
			<td>
			8.8
			</td>
		</tr>
<tr>
<td>
			Mapletree Ind Trust
			</td>
			<td>
			ME8U
			</td>
			<td>
			6,759
			</td>
			<td>
			0.0
			</td>
			<td>
			6.4
			</td>
			<td>
			-5.0
			</td>
			<td>
			-60.7
			</td>
			<td>
			-1.4
			</td>
		</tr>
<tr>
<td>
			Ascott Trust
			</td>
			<td>
			HMN
			</td>
			<td>
			3,415
			</td>
			<td>
			-1.0
			</td>
			<td>
			4.9
			</td>
			<td>
			2.6
			</td>
			<td>
			13.1
			</td>
			<td>
			-0.3
			</td>
		</tr>
<tr>
<td>
			JMH USD
			</td>
			<td>
			J36
			</td>
			<td>
			58,515
			</td>
			<td>
			-0.4
			</td>
			<td>
			4.8
			</td>
			<td>
			8.9
			</td>
			<td>
			21.9
			</td>
			<td>
			3.0
			</td>
		</tr>
<tr>
<td>
			HongkongLand USD
			</td>
			<td>
			H78
			</td>
			<td>
			17,600
			</td>
			<td>
			-2.0
			</td>
			<td>
			4.2
			</td>
			<td>
			7.3
			</td>
			<td>
			56.5
			</td>
			<td>
			34.6
			</td>
		</tr>
<tr>
<td>
			Geo Energy Res
			</td>
			<td>
			RE4
			</td>
			<td>
			591
			</td>
			<td>
			2.4
			</td>
			<td>
			3.5
			</td>
			<td>
			25.4
			</td>
			<td>
			21.0
			</td>
			<td>
			117.6
			</td>
		</tr>
<tr>
<td>
			ST Engineering
			</td>
			<td>
			S63
			</td>
			<td>
			11,735
			</td>
			<td>
			-2.3
			</td>
			<td>
			3.2
			</td>
			<td>
			0.3
			</td>
			<td>
			-10.6
			</td>
			<td>
			2.3
			</td>
		</tr>
<tr>
<td>
			Chip Eng Seng
			</td>
			<td>
			C29
			</td>
			<td>
			361
			</td>
			<td>
			1.1
			</td>
			<td>
			3.0
			</td>
			<td>
			12.2
			</td>
			<td>
			4.3
			</td>
			<td>
			-2.7
			</td>
		</tr>
<tr>
<td>
			AEM SGD
			</td>
			<td>
			AWX
			</td>
			<td>
			1,303
			</td>
			<td>
			-1.4
			</td>
			<td>
			2.9
			</td>
			<td>
			-20.0
			</td>
			<td>
			-58.0
			</td>
			<td>
			55.3
			</td>
		</tr>
<tr>
<td>
			HPH Trust USD
			</td>
			<td>
			NS8U
			</td>
			<td>
			2,841
			</td>
			<td>
			-1.2
			</td>
			<td>
			2.8
			</td>
			<td>
			11.6
			</td>
			<td>
			9.8
			</td>
			<td>
			25.3
			</td>
		</tr>
<tr>
<td>
			Bumitama Agri
			</td>
			<td>
			P8Z
			</td>
			<td>
			1,275
			</td>
			<td>
			8.1
			</td>
			<td>
			2.5
			</td>
			<td>
			36.1
			</td>
			<td>
			3.8
			</td>
			<td>
			11.4
			</td>
		</tr>
<tr>
<td>
			ComfortDelGro
			</td>
			<td>
			C52
			</td>
			<td>
			3,077
			</td>
			<td>
			-4.7
			</td>
			<td>
			1.9
			</td>
			<td>
			1.4
			</td>
			<td>
			-36.3
			</td>
			<td>
			-14.4
			</td>
		</tr>
<tr>
<td>
			Keppel REIT
			</td>
			<td>
			K71U
			</td>
			<td>
			4,196
			</td>
			<td>
			-0.9
			</td>
			<td>
			1.5
			</td>
			<td>
			2.6
			</td>
			<td>
			10.5
			</td>
			<td>
			6.1
			</td>
		</tr>
<tr>
<td>
			Sabana REIT
			</td>
			<td>
			M1GU
			</td>
			<td>
			481
			</td>
			<td>
			0.0
			</td>
			<td>
			1.4
			</td>
			<td>
			4.8
			</td>
			<td>
			5.4
			</td>
			<td>
			37.4
			</td>
		</tr>
<tr>
<td>
			Nanofilm
			</td>
			<td>
			MZH
			</td>
			<td>
			1,907
			</td>
			<td>
			1.4
			</td>
			<td>
			1.3
			</td>
			<td>
			-24.1
			</td>
			<td>
			-38.6
			</td>
			<td>
			-13.0
			</td>
		</tr>
<tr>
<td>
			UOL
			</td>
			<td>
			U14
			</td>
			<td>
			6,003
			</td>
			<td>
			-2.6
			</td>
			<td>
			1.2
			</td>
			<td>
			0.3
			</td>
			<td>
			10.0
			</td>
			<td>
			-6.3
			</td>
		</tr>
<tr>
<td>
			Sembcorp Marine
			</td>
			<td>
			S51
			</td>
			<td>
			2,668
			</td>
			<td>
			-1.2
			</td>
			<td>
			1.0
			</td>
			<td>
			3.7
			</td>
			<td>
			7.6
			</td>
			<td>
			-34.1
			</td>
		</tr>
<tr>
<td>
			Total
			</td>
			<td>
			 
			</td>
			<td>
			281,511
			</td>
			<td>
			 
			</td>
			<td>
			351
			</td>
			<td>
			 
			</td>
			<td>
			932
			</td>
			<td>
			 
			</td>
		</tr>
<tr>
<td>
			Average
			</td>
			<td>
			 
			</td>
			<td>
			 
			</td>
			<td>
			-0.3
			</td>
			<td>
			 
			</td>
			<td>
			5.9
			</td>
			<td>
			 
			</td>
			<td>
			10.7
			</td>
		</tr>
</tbody></table>
 Source: SGX, Refinitiv, Bloomberg (Data as of 25 Feb 2022)
</body></html>





On 17 Feb, the STI, led by the bank sector, formed a fresh YTD high at 3,466, and has since declined to below 3,330. While the six sessions through to 25 Feb saw the STI decline 4.3%, reducing its 2021 YTD total return to 5.7%, 17 of the 30 STI stocks booked net institutional inflows, averaging a comparatively defensive 1.6% decline.  
	 
	
Singtel led the STI with a 1.6% gain over the six sessions while also attracting the highest net institutional inflows, with S$158 million of net inflows, taking its 2022 YTD gain to 12.1% with S$465 million of net institutional inflow.  On 15 Feb, Singtel provided a business update, reporting its 3QFY22 net profit increased 24% YoY.  
	 
	In addition to the 17 STI stocks, 13 non-STI stocks ranked among the stocks that attracted the highest net institutional inflow over the six sessions, averaging a 1.5% price gain.  The strongest performers of the 13 stocks over the six sessions included Riverstone, Bumitama Agri, Geo Energy Res, Nanofilm and Chip Eng Seng, averaging 4.8% gains.

 
 Just as sector composition played a key role in the STI’s regional and global outperformance through to 17 Feb, it has also been a driver of the STI volatility returning to Dec 2021 levels in the six sessions since 17 Feb. From 17 Feb to 25 Feb, DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank, which make up 45% of the STI weights averaged a 7.6% decline, after averaging 7.0% gains in the Feb month through to 17 Feb. In the month of Feb to date, CME FedWatch expectations for a 50 bps interest rate hike (rather than 25 bps) have grown from less than 10% to near 60% on 15 Feb, and back to near 20% on the 25 Feb close. Note these expectations had further fallen to near 5% prior to the 28 Feb open. With the trio of Singapore-listed banks also reporting FY21 results over the past two weeks, the three stocks have seen more up and down volatility than their global peers, while averaging an overall 1.2% decline for the month in the Feb month to 25 Feb, in-line with the indicative 1.1% decline for their global peers.  As the banks booked net institutional outflow for the six sessions spanning 18 Feb to 25 Feb, more than 200 stocks attracted net institutional inflow. While the STI declined 4.3% between 17 Feb and 25 Feb, 17 of the STI constituents ranked among the 30 stocks that saw the most net institutional inflow over the six sessions. These 17 stocks averaged a 1.6% decline, while the 17 non-STI stocks that made up the remaining 30 stocks averaged a 1.5% gain.  
The five stocks that saw the most net institutional inflow over the six sessions are tabled below. All five stocks have either recently or are currently embracing significant strategic initiatives or pivots to boost shareholder value. 




			Five Stocks with Highest Net Insti Inflow for six sessions ending 25 Feb
			
			
			Code
			
			
			Mkt Cap S$M
			
			
			Price change since 17 Feb %
			
			
			Net Insti Flow since 17 Feb S$M
			
			
			Price Change YTD %
			
			
			Net Insti Flow YTDS$M
			
			
			2021 Total Return %
			
		


			Singtel
			
			
			Z74
			
			
			42,921
			
			
			1.6
			
			
			157.7
			
			
			12.1
			
			
			464.6
			
			
			3.4
			
		


			CapLand Int Com Trust
			
			
			C38U
			
			
			14,010
			
			
			-0.5
			
			
			21.5
			
			
			4.1
			
			
			79.8
			
			
			-0.1
			
		


			Keppel Corp
			
			
			BN4
			
			
			10,770
			
			
			-2.0
			
			
			18.0
			
			
			16.4
			
			
			76.3
			
			
			-1.5
			
		


			Sembcorp Ind
			
			
			U96
			
			
			4,558
			
			
			-0.8
			
			
			14.4
			
			
			28.0
			
			
			76.0
			
			
			20.3
			
		


			CapitaLand Invest
			
			
			9CI
			
			
			19,125
			
			
			-0.5
			
			
			14.3
			
			
			9.1
			
			
			77.0
			
			
			N/A
			
		

 Source: SGX, Refinitiv, Bloomberg (Data as of 25 Feb 2022)

 

Singapore Telecommunications is pursuing an ongoing strategic reset to develop new growth engines in ICT and digital services which aims to transform NCS into an Asian B2B digital services champion. CapitaLand Integrated Commercial Trust began trading in Nov 2020, following a merger of CapitaLand Mall Trust and CapitaLand Commercial Trust. Keppel Corporation’s 2030 initiative aims to transform its portfolio into an integrated business, providing solutions for sustainable urbanisation, with a focus on energy and environment, urban development, connectivity, and asset management. Sembcorp Industries has pressed on with its strategic transformation of its portfolio from brown to green energy, and aims for its sustainable solutions portfolio to comprise 70% of the Group's net profit in 2025, up from around 40% in 2020. CapitaLand Investment began trading in September 2021 as one of the globe’s largest real estate investment managers following the significant restructure by CapitaLand into two distinct entities. For the recent financial reports and business updates of the five stocks.  
The 30 stocks that saw the most net institutional inflow over the six sessions are tabled below and ranked by the highest net institutional inflow over the six sessions.




			Stocks with Highest Net Insti Inflow for six sessions ending 25 Feb
			
			
			Code
			
			
			Mkt Cap S$M
			
			
			Price change since 17 Feb %
			
			
			Net Insti Flow since 17 Feb S$M
			
			
			Price Change YTD %
			
			
			Net Insti Flow YTDS$M
			
			
			2021 Total Return %
			
		


			Singtel
			
			
			Z74
			
			
			42,921
			
			
			1.6
			
			
			157.7
			
			
			12.1
			
			
			464.6
			
			
			3.4
			
		


			CapLand Int Com Trust
			
			
			C38U
			
			
			14,010
			
			
			-0.5
			
			
			21.5
			
			
			4.1
			
			
			79.8
			
			
			-0.1
			
		


			Keppel Corp
			
			
			BN4
			
			
			10,770
			
			
			-2.0
			
			
			18.0
			
			
			16.4
			
			
			76.3
			
			
			-1.5
			
		


			Sembcorp Ind
			
			
			U96
			
			
			4,558
			
			
			-0.8
			
			
			14.4
			
			
			28.0
			
			
			76.0
			
			
			20.3
			
		


			CapitaLand Invest
			
			
			9CI
			
			
			19,125
			
			
			-0.5
			
			
			14.3
			
			
			9.1
			
			
			77.0
			
			
			N/A
			
		


			SATS
			
			
			S58
			
			
			4,544
			
			
			-3.6
			
			
			11.6
			
			
			4.1
			
			
			19.6
			
			
			-2.3
			
		


			Genting Sing
			
			
			G13
			
			
			9,295
			
			
			-1.9
			
			
			11.1
			
			
			-0.6
			
			
			29.3
			
			
			-7.8
			
		


			CityDev
			
			
			C09
			
			
			6,475
			
			
			-2.3
			
			
			10.1
			
			
			4.8
			
			
			58.6
			
			
			-12.8
			
		


			ThaiBev
			
			
			Y92
			
			
			17,082
			
			
			-1.4
			
			
			9.9
			
			
			5.3
			
			
			-2.6
			
			
			-7.6
			
		


			Suntec REIT
			
			
			T82U
			
			
			4,703
			
			
			0.6
			
			
			7.7
			
			
			10.2
			
			
			28.6
			
			
			7.3
			
		


			Riverstone
			
			
			AP4
			
			
			1,178
			
			
			11.2
			
			
			7.5
			
			
			13.6
			
			
			14.4
			
			
			-32.0
			
		


			Ascendas REIT
			
			
			A17U
			
			
			11,754
			
			
			-0.7
			
			
			7.2
			
			
			-2.5
			
			
			-31.8
			
			
			2.1
			
		


			SPH
			
			
			T39
			
			
			3,751
			
			
			0.0
			
			
			6.6
			
			
			-0.4
			
			
			65.3
			
			
			112.3
			
		


			Jardine C&amp;C
			
			
			C07
			
			
			8,616
			
			
			-2.9
			
			
			6.5
			
			
			5.8
			
			
			17.3
			
			
			8.8
			
		


			Mapletree Ind Trust
			
			
			ME8U
			
			
			6,759
			
			
			0.0
			
			
			6.4
			
			
			-5.0
			
			
			-60.7
			
			
			-1.4
			
		


			Ascott Trust
			
			
			HMN
			
			
			3,415
			
			
			-1.0
			
			
			4.9
			
			
			2.6
			
			
			13.1
			
			
			-0.3
			
		


			JMH USD
			
			
			J36
			
			
			58,515
			
			
			-0.4
			
			
			4.8
			
			
			8.9
			
			
			21.9
			
			
			3.0
			
		


			HongkongLand USD
			
			
			H78
			
			
			17,600
			
			
			-2.0
			
			
			4.2
			
			
			7.3
			
			
			56.5
			
			
			34.6
			
		


			Geo Energy Res
			
			
			RE4
			
			
			591
			
			
			2.4
			
			
			3.5
			
			
			25.4
			
			
			21.0
			
			
			117.6
			
		


			ST Engineering
			
			
			S63
			
			
			11,735
			
			
			-2.3
			
			
			3.2
			
			
			0.3
			
			
			-10.6
			
			
			2.3
			
		


			Chip Eng Seng
			
			
			C29
			
			
			361
			
			
			1.1
			
			
			3.0
			
			
			12.2
			
			
			4.3
			
			
			-2.7
			
		


			AEM SGD
			
			
			AWX
			
			
			1,303
			
			
			-1.4
			
			
			2.9
			
			
			-20.0
			
			
			-58.0
			
			
			55.3
			
		


			HPH Trust USD
			
			
			NS8U
			
			
			2,841
			
			
			-1.2
			
			
			2.8
			
			
			11.6
			
			
			9.8
			
			
			25.3
			
		


			Bumitama Agri
			
			
			P8Z
			
			
			1,275
			
			
			8.1
			
			
			2.5
			
			
			36.1
			
			
			3.8
			
			
			11.4
			
		


			ComfortDelGro
			
			
			C52
			
			
			3,077
			
			
			-4.7
			
			
			1.9
			
			
			1.4
			
			
			-36.3
			
			
			-14.4
			
		


			Keppel REIT
			
			
			K71U
			
			
			4,196
			
			
			-0.9
			
			
			1.5
			
			
			2.6
			
			
			10.5
			
			
			6.1
			
		


			Sabana REIT
			
			
			M1GU
			
			
			481
			
			
			0.0
			
			
			1.4
			
			
			4.8
			
			
			5.4
			
			
			37.4
			
		


			Nanofilm
			
			
			MZH
			
			
			1,907
			
			
			1.4
			
			
			1.3
			
			
			-24.1
			
			
			-38.6
			
			
			-13.0
			
		


			UOL
			
			
			U14
			
			
			6,003
			
			
			-2.6
			
			
			1.2
			
			
			0.3
			
			
			10.0
			
			
			-6.3
			
		


			Sembcorp Marine
			
			
			S51
			
			
			2,668
			
			
			-1.2
			
			
			1.0
			
			
			3.7
			
			
			7.6
			
			
			-34.1
			
		


			Total
			
			
			 
			
			
			281,511
			
			
			 
			
			
			351
			
			
			 
			
			
			932
			
			
			 
			
		


			Average
			
			
			 
			
			
			 
			
			
			-0.3
			
			
			 
			
			
			5.9
			
			
			 
			
			
			10.7
			
		

 Source: SGX, Refinitiv, Bloomberg (Data as of 25 Feb 2022)



Capitaland Integrated Commercial Trust (CICT SP)

30 Stocks With Most Net Institutional Buying Amid 4% STI Decline