| It was a rough year for the Singapore stock market in 2018, with most stocks seeing red. Despite the negative sentiments, there are stocks that have managed to tide through the volatility and shown overall growth. We look at the price of stocks that are more than 20 Singapore cents (minimum trading price), based on market opening on 2 January 2018 and market close on 28 December 2018. Here are the top 10 best-performing stocks listed on the SGX in 2018. |
#10 PCI (SGX: P19)
Opening price per share on 2 Jan 2018 = 0.770
Closing price per share on 28 Dec 2018 = 1.060
Percentage change = 38%
#9 Cityneon Holdings (SGX: 5HJ)
Opening price per share on 2 Jan 2018 = 0.940
Closing price per share on 28 Dec 2018 = 1.300
Percentage change = 38%
#8 SEVAK (SGX: BAI)
Opening price per share on 2 Jan 2018 = 2.730
Closing price per share on 28 Dec 2018 = 3.810
Percentage change = 40%
#7 China Sunsine Chemical Holdings (SGX: CH8)
China Sunsine produces chemicals that help in the production of tyres. Its processes are environmental-friendly which explain why its factories have not been targeted by anti-pollution enforcement agencies. NextInsight photo.Opening price per share on 2 Jan 2018 = 0.910
Closing price per share on 28 Dec 2018 = 1.270
Percentage change = 40%
#6 Japfa (SGX: UD2)
Opening price per share on 2 Jan 2018 = 0.510
Closing price per share on 28 Dec 2018 = 0.720
Percentage change = 41%
#5 LTC Corporation (SGX: L17)
Opening price per share on 2 Jan 2018 = 0.650
Closing price per share on 28 Dec 2018 = 0.920
Percentage change = 42%
#4 Shinvest Holding (SGX: BJW)
Opening price per share on 2 Jan 2018 = 0.480
Closing price per share on 28 Dec 2018 = 0.780
Percentage change = 63%
|
Here are the Top 3 Performers on The SGX in 2018: #3 Best World International (SGX: CGN)
Closing price per share on 28 Dec 2018 = 2.610 Percentage change = 96% Best World develops and distributes premium skincare, personal care, nutritional and wellness products. One of the hottest stocks in the market the past few years, Best World continues to flourish amidst market uncertainty. Opening price per share on 2 Jan 2018 = 2.650 Closing price per share on 28 Dec 2018 = 6.310 Percentage change = 138% Delong Holdings is a steel manufacturing and trading company headquartered in China. In 2018, Delong’s CEO initially attempted to privatize the company. However, he later backed out of the privatization offer, after being required to revise his offer price of $7.00 upwards to $7.42 a share. Opening price per share on 2 Jan 2018 = 1.100 Closing price per share on 28 Dec 2018 = 3.460 Percentage change = 215% |
This article is republished from Dollars&Sense with permission.
