Singapore’s Best-performing Blue Chips This Year

Ser Jing - Three Growth Shares Sharing Their Earnings With You (pic)Good grief – can it be the end of August already?

In the space of the eight short months since the start of the year, the Straits Times Index (SGX: ^STI) has slipped 4%. However, not all shares have followed the benchmark index lower. In fact, some shares have put in quite a good performance since the beginning of January 2013.

Shares in Thai Beverage (SGX: Y92) have gained 31% as the brewer unloads the cumbersome baggage that came with its acquisition of Fraser & Neave. After dividends are included, the total return is an even more mouth-watering 36%. There are a few more i’s to dot and a few more t’s to cross. But when they are done, investors should have a clearer picture of how ThaiBev could make utilise its synergies with F&N.

Singapore’s second-largest telecom company StarHub (SGX: CC3) has been the second-best performer amongst the blue chips since the start of the year. Its shares have jumped 8%. Investors have also enjoyed the company’s attractive dividend payout, which has helped to boost the year-to-date return to almost 12%.

DBS Group (SGX: D05), Singapore’s largest bank, has also put in a good performance this year. Its shares have improved 7%, and when dividends are included, the total return is a not-too-shabby 11%. The bank posted record first-half profits thanks to strong growth in Asia.

Aircraft maintenance company SIA Engineering (SGX: S59) is the Straits Times Index’s fourth best-performing shares this year. The total return is an attractive 9% thanks to a 6% jump in the shares and a decent dividend payout. The company posted a slight dip in quarterly profits as a result of a small decline in revenues.

If we are to believe everything we read in the media, we can be forgiven for thinking that the market is off to Hell in a handcart. But nothing could be further from the truth. In fact, dips in the market as media-driven sell-offs could provide great buying opportunities for savvy investors. But you need to ready to take advantage when the market falls.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned.