SGX Stocks 2018 Q1 Performance
- Share price movement during 2018 Q1 was volatile. STI ended flat for the quarter (from 3402.92 on 29-Dec-2017 to 3427.97 on 29-Mar-2018), though we saw it hitting the high of 3611.69 on 24-Jan before hitting the low of 3340.55 2 weeks after on 9-Feb.
- Monthly summary on performance of STI constituents:
- Ratio of SGX price gainers versus price loser stocks during 2018 Q1 is about 1: 2. Infinio Group and Creative Technology are among the list of 2018 Q1 SGX Top 50 Share Price Gainers.
Performance of Brokers' 2018 SGX Stock Picks in Q1
- We previously posted article "Singapore Stocks To Buy In 2018 ~ Brokers' Consensus", where we consolidated brokers' 2018 Singapore Stock Picks according to their reports published during 2017 year end. 53 stocks were recommended in total, while 20 of them were recommended by at least 2 of the brokers.
- Share price of 14 out of the 20 stock picks closed higher at end of 2018 Q1. APAC Realty and Venture Corp outperformed, with their share price swung up for more than 40% during the quarter, before closing with 39.4% and 37.3% gain respectively on 29-Mar, while Sembcorp Marine ended the quarter with 22% price gain after hitting the high of more than 50% price gain in early Feb.
- Since the announcement of its 4Q17 earnings, share price of Genting Singapore has been heading south, making it the least performer among the 20 stock picks with share price down nearly 18% YTD. UOL and WingTai also retreated after the modest gain during end Jan.
- SingTel has been in the list of the weekly top 10 institutions net selling stocks for months, until the week of 19-Mar when we saw institutions turned net buyer and net bought 32.6 million worth of its shares.
- For the latest updates on brokers' top stock picks and market strategy, refer to Analysts Say > Market Strategy & Research Reports.
SGX Stocks With The Most BUY Calls (snapshot as at 29-Mar-2018)
- Following is the snapshot on the list of stocks with most BUY calls according to the data we've gathered as of 29-Mar-2018.
| Stock | No. of Rec' |
Average Target Price |
Last Traded Price On 2018-03-29 |
Potential Upside/ Downside |
BUY | HOLD | SELL | NON RATE |
|---|---|---|---|---|---|---|---|---|
| CAPITALAND LIMITED (C31.SI) | 7 | 4.249 | 3.570 | 19.0% | 7 | 0 | 0 | 0 |
| CITY DEVELOPMENTS LIMITED (C09.SI) | 7 | 14.483 | 13.000 | 11.4% | 7 | 0 | 0 | 0 |
| ASCENDAS REAL ESTATE INV TRUST (A17U.SI) | 7 | 2.901 | 2.630 | 10.3% | 6 | 1 | 0 | 0 |
| VENTURE CORPORATION LIMITED (V03.SI) | 6 | 31.943 | 28.110 | 13.6% | 6 | 0 | 0 | 0 |
| SINGAPORE TECH ENGINEERING LTD (S63.SI) | 6 | 4.032 | 3.590 | 12.3% | 6 | 0 | 0 | 0 |
| UNITED OVERSEAS BANK LTD (U11.SI) | 6 | 29.740 | 27.500 | 8.1% | 6 | 0 | 0 | 0 |
| FRASERS CENTREPOINT TRUST (J69U.SI) | 7 | 2.391 | 2.190 | 9.2% | 5 | 2 | 0 | 0 |
| SINGTEL (Z74.SI) | 6 | 4.107 | 3.370 | 21.9% | 5 | 1 | 0 | 0 |
| WILMAR INTERNATIONAL LIMITED (F34.SI) | 5 | 3.762 | 3.180 | 18.3% | 5 | 0 | 0 | 0 |
| SINGAPORE POST LIMITED (S08.SI) | 5 | 1.558 | 1.370 | 13.7% | 5 | 0 | 0 | 0 |
| OVERSEA-CHINESE BANKING CORP (O39.SI) | 5 | 14.344 | 12.820 | 11.9% | 5 | 0 | 0 | 0 |
- For complete listing with latest updates, refer to Analysts Say > Average Target Price & Fair Value Recommendations.
SGX Stocks With The Most Target Price Upsides by Individual Broker (snapshot as at 29-Mar-2018)
- Following is the snapshot on the list of stocks with most upside potential according to the price target given by individual analyst versus the last traded price as of 29-Mar-2018.
| Stock | Broker | Date | Report | Rating | Target Price | Last Traded Price On 2018-03-29 |
Upside/ Downside |
|---|---|---|---|---|---|---|---|
| GEO ENERGY RESOURCES LIMITED (RE4.SI) | Phillip Securities | 2018-03-19 | BUY | 0.470 | 0.225 | 108.9% | |
| YONGNAM HOLDINGS LIMITED (AXB.SI) | CIMB Research | 2018-03-15 | ADD | 0.570 | 0.295 | 93.2% | |
| GOLDEN ENERGY AND RESOURCESLTD (AUE.SI) | RHB Invest | 2018-01-26 | BUY | 0.680 | 0.380 | 78.9% | |
| YOMA STRATEGIC HOLDINGS LTD (Z59.SI) | DBS Research | 2018-03-07 | BUY | 0.750 | 0.425 | 76.5% | |
| ISDN HOLDINGS LIMITED (I07.SI) | UOB Kay Hian | 2018-02-20 | BUY | 0.350 | 0.205 | 70.7% | |
| AMARA HOLDINGS LTD (A34.SI) | RHB Invest | 2018-02-23 | BUY | 0.880 | 0.530 | 66.0% | |
| TIANJIN ZHONG XIN PHARM GROUP (T14.SI) | UOB Kay Hian | 2018-01-10 | BUY | 1.520 | 0.920 | 65.2% | |
| TUAN SING HOLDINGS LIMITED (T24.SI) | UOB Kay Hian | 2018-01-29 | BUY | 0.710 | 0.430 | 65.1% | |
| MOYA HOLDINGS ASIA LIMITED (5WE.SI) | RHB Invest | 2018-03-16 | BUY | 0.150 | 0.093 | 61.3% | |
| BANYAN TREE HOLDINGS LIMITED (B58.SI) | UOB Kay Hian | 2018-03-05 | BUY | 0.920 | 0.575 | 60.0% |
- For complete listing on stocks with most target price upside potential computed using the latest share price of stocks, refer to Analysts Say > Price Targets with Substantial Upside / Downside Potential.
More On Target Price and Stock Ratings
Analysts Say Latest Price Targets & Stock Ratings
Analysts Say STI Constituents Price Target & Stock Rating
Analysts Say S-REITs Price Target & Stock Rating
Analysts Say Latest Price Targets & Stock Ratings
Analysts Say STI Constituents Price Target & Stock Rating
Analysts Say S-REITs Price Target & Stock Rating
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* Updated on 2018-04-02 to fix the broken hyperlink.
