REAL estate investment trusts and technology manufacturers made up 14 out of the 20 strongest performing stocks bought by institutional investors on Monday.
With the exception of Cromwell European Real Estate Investment Trust which listed in the interim on Nov 29, 2017, these stocks were also among the strongest over the past three years, said the Singapore Exchange on Thursday. The 20 strongest performing stocks had received net institutional inflows for trading sessions on March 9 to 10 - when the Straits Times Index dived 4.3 per cent - bringing the 2020 year-to-date decline to 11.9 per cent.
Four of the 20 stocks were among the STI's least performing 10 stocks in 2019. They are Genting Singapore, Jardine Strategic Holdings, Yangzijiang Shipbuilding Holdings and Singapore Press Holdings - which publishesOf the remaining stocks, agri-business group Wilmar International provided one of the STI’s strongest reports for its fourth quarter results, with net profit more than doubling to US$438 million for the period ended Dec 31, 2019.
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