Chart of the Day: Utility stocks start strong with 17% average returns in 2019 YTD

Submitted By:  Sandra Sendingan Case Study:  No The best performing stocks were China Jinjiang Environment and China Everbright Water.  Singapore's top five utility stocks opened the year on solid footing as average total returns hit 17% in 2019 YTD following an average decline of 31% in 2018, according to a note from SGX Research.   "The Utilities Sector led market cap weighted sector performances in Dec 2018 & Jan 2019," the firm noted. read more