Returns of top 20 stocks dropped 3.8% YTD

Submitted By:  Nathanielle Punay Case Study:  No Stocks were hit by the 30% fall in crude oil price. The average total returns of the local bourse’s 20 most traded stocks is at -3.8% in 2020 YTD, according to an SGX report. This came after the 30% plunge in oil price, which resulted in the 4.3% fall of the Straits Times Index (STI). Yangzijiang Shipbuilding saw the largest decline as its returns hit -22.3%, followed by Genting Singapore at -19.6% and UMS Holdings at -18.4%. read more