Top Singapore Large-Cap Stock Gainers in Oct 2023
Casino and resort operator Genting Singapore Ltd (G13) edged up by 1.78% in October. With a forward dividend yield of 4.05%, the stock remains undervalued.
IHH Healthcare Bhd (Q0F), a medical care facility in Malaysia, was up 0.59%. Year to date, shares in IHH Healthcare were down 6.33%.
The list of top stocks is completed by three more stocks that posted a flat return in Oct: Spirit maker from the Philippines Emperador Inc (EMI), Swiss pharmaceutical group Lonza Group Ltd (O6Z), and British insurer Prudential PLC (K6S).
Top Singapore Large-Cap Stock Losers in Oct 2023
DFI Retail Group Holdings Ltd (D01), a retail company in Hong Kong, slumped 19.92% in October and 25.94% for the year. Its parent company is Jardine Matheson Holdings.
NIO Inc (NIO) had another setback losing 19.22%. In September, the EV maker retreated by 12.45%. So far this year, the loss in the Chinese EV maker has widened to 26.41%.
Hong Kong-based conglomerate Jardine Matheson Holdings Ltd (J36) fell 12.86% and 16.88% since the start of the year.
Yangzijiang Shipbuilding (Holdings) Ltd (BS6), which is engaged in ship-making and offshore marine equipment construction businesses, dropped 12.65%, narrowing the year-to-date gain to 10.95%.
Jardine Cycle & Carriage Ltd (C07), a subsidiary of Jardine Matheson, recorded an 11.86% drop, concluding the first 10 months with a 3.25% gain. The stock yields 5.32% on a forward basis.
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