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Weekly Market Insight (4 September 2017)

SG Market Insights


STI's Strongest Sectors in YTD - Real Estate, Financials & Industrials

  • The STI has generated a 13.2% price gain in the 2017 YTD, with its eight Real Estate stocks averaging a 24.1% price gain, its four Financial stocks averaging a 15.0% price gain and its 10 Industrial Stocks averaging a 13.6% price gain.

     
  • Of these three STI Sectors, Real Estate and Industrials averaged turnaround price performances in the 2017 YTD after respective declines averaging 0.5% and 5.2% in 2016. Yangzijiang Shipbuilding, UOL Group, CapitaLand & A-REIT swung from price declines in 2016, to gains of 15.0% or above in the 2017 YTD.

 

  • Valuations for the STI's Real Estate & Industrial stocks are mostly at or above historical standards. The STI's Real Estate stocks' average P/B ratio at 1.0x is marginally above the five year average of 0.9x, while the average P/E ratio for the STI's 10 Industrial stocks has advanced to 20x from a five year average of 17x.

 

  • The results of the next quarterly review for STI inclusion will be published on Thursday 31 August after the market close, and these results will be effective from the start of trading on Monday, 18 September.2017 Read more

* Above market insights report is provided by SGX


US Market Insights


Weekly Stock: Constellation Brands

 

Ticker Symbol: STZ
Founded: 1945
Market Cap: $38.7B
2017 Rev.: $7.33B (Fiscal Yr: Mar-Feb)

Employees: 9,000 (2017)
Founder: Marvin L. Sands
CEO: Robert Sands
HQ: Victor, New York, United States

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Events & Seminars

 

 

 

THURSDAY, 12 OCTOBER 2017, 10:00AM - 4:00PM

Market Intelligence Workshop
Registration starts at 9:30AM
CIMB Investment Bank Berhad

Ground Floor
Tropicana City Office Tower
3 Jalan SS20/27
47400 Petaling Jaya
Selangor

 

THURSDAY, 19 OCTOBER 2017, 10:00AM - 4:00PM

Market Intelligence Workshop
Registration starts at 7:00PM
CIMB Investment Bank Berhad

Ground Floor
Tropicana City Office Tower
3 Jalan SS20/27
47400 Petaling Jaya
Selangor

       

 

CIMB Investment Bank Berhad (18417-M)
(A Participating Organisation of Bursa Malaysia Securities Berhad)

 

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