In today’s briefing:
- Strong Monsoon Over Key Rubber Producing Nations
- 25 Most Net Sold Stocks by Retail in May Averaged 9% Total Returns
Strong Monsoon Over Key Rubber Producing Nations
- Vietnam, Thailand, Cambodia to receive above normal rains
- Neutral phase of ENSO with La Nina like pattern favoring rains
- Weather portends a reasonable production season for Ivory Coast
25 Most Net Sold Stocks by Retail in May Averaged 9% Total Returns
- The 25 Singapore stocks most net sold by retail in May averaged 8.5% total returns, outperforming the STI’s 2.9%.
- Retail investors net sold S$280 million in Singapore stocks in May, while institutions net bought S$306,522.
- Singapore Airlines was the most net sold stock by retail, gaining 7% in May, with a record S$2.8 billion net profit.
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