Five Tech/Hardware Stocks Amongst Last Week’s Most Active 50
* Together, $AEM(AWX.SI), $UMS(558.SI), $FFrencken(E28.SI) , $Valuetronics(BN2.SI) and $Hi-P(H17.SI) averaged 7% gains last week, bringing their combined average 2019 YTD total return to 82% (median 74%). Globally, the largest 100 stocks by market value across the same industries have generated a 40% median YTD total return.
*Together the five Singapore stocks averaged a combined S$43.62M a day in turnover last week, up from S$21.97M a day in the first 10 months of 2019, and up from S$18.62M a day in 2018. Combined net institutional inflows for the five stocks is S$140 million in the 2019 YTD.
*The four of the five stocks that reported YoY profit growth for the recent Sept Quarter saw their turnover surge last week - results ranged from Frencken’s net profit +113% YoY, to Hi-P’s net profit -3% YoY. AEM, UMS & Valuetronics averaged +23% YoY net profit growth for the Quarter.
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