Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Asia’s leading multi-asset exchange

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Equity Bottom-Up

<ul><li>Of the 200+ Singapore-listed stocks that booked positive total returns in 2023, more than 80 stocks have added gains or maintained their positive total return in 1Q24 (as at 25 March).</li><li>Seven of these 10 stocks maintain a single digit P/E ratio with three of the seven stocks also trading below book value.</li><li>According to the SGX Stock Screener, Beng Kuang Marine maintains the next highest ROE of the 80+ stocks at 43.7%, with a P/E ratio of 4.5x as of 25 March.</li></ul>

Of the 200+ Singapore-listed stocks that booked positive total returns in 2023, more than 80 stocks have added gains or maintained their positive total return in 1Q24 (as at 25 March).Seven of these 10 stocks maintain a single digit P/E ratio with three of the seven stocks also trading below book value.According to the SGX Stock Screener, Beng Kuang Marine maintains the next highest ROE of the 80+ stocks at 43.7%, with a P/E ratio of 4.5x as of 25 March.

80 Singapore Stocks that Added Gains or Maintained Returns in 1Q24