3 Shares That Beat the Market Today


Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on changes — just in case they’re material to our investing thesis.

With 16 out of its 30 constituents suffering loses while having only eight others make some gains, it’s perhaps no surprise to see the Straits Times Index (SGX: ^STI) slip by 0.2% to 3,270 points today.

Here’s a closer look at three of the eight blue chips which had managed to beat the index.

CapitaMall Trust (SGX: C38U) has moved up by 0.8% to S$1.94. The real estate investment trust, which has a focus on retail malls located in Singapore, would be announcing its second quarter results on 23 July 2014.

In the first quarter of 2014, the REIT had seen year-on-year declines in both shopper traffic in its malls as well as sales earned by its tenants (the former had dropped by 1.9% while the latter had decreased by 4.0%). These two metrics are important to track for investors as the value of the REIT is ultimately tied to the health of the tenants in its retail malls. Ideally, investors would want to see growth in those figures in the second quarter of 2014 and beyond.

Pan-Asian real estate outfit Hongkong Land Holdings (SGX: H78), which is releasing its second quarter earnings on 31 July 2014 for the six months ended 30 June 2014, is up next with its shares gaining 0.8% to US$6.74.

The company’s last released earnings was for 2013 and it saw its profit drop by 17% to US$1.19 billion. In the release, Ben Keswick, chairman of Hongkong Land Holdings, had the following to say about the company’s potential results for 2014:

“[Hongkong Land’s] key commercial markets of Hong Kong and Singapore are expected to remain broadly stable in the year ahead. In our residential businesses, a higher contribution is anticipated from the [company’s] mainland China operations, but this will be more than offset by a significant reduction in profits from our Singapore residential operations.”

In short, investors should probably expect the company’s business to perform more or less at the same level (or perhaps at a slightly lower level) in 2014 as it had done so in 2013.

The last in line is conglomerate Sembcorp Industries (SGX: U96). With the company slated to hand in its second quarter financial report card on 6 August 2014, investors will get to know if the company can continue its good start to the year.

For the first quarter of 2014, Sembcorp Industries had managed to grow its revenue for the quarter by 11.8% year-on-year to S$2.63 billion. Meanwhile, its bottom-line had increased by 4.5% to S$185 million.

In the first quarter earnings release, the company mentioned that its Utilities business segment (which sees the company own and run power plants and water and wastewater treatment facilities, amongst others) has a “strong pipeline of projects.” Sembcorp Industries’ other two business segments – Marine and Urban Development – also had “strong” order books. In light of all these, management’s confident that the company is “well-positioned to deliver sustainable long-term growth.”

Sembcorp Industries ended with a 0.6% gain to S$5.42 today.

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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 writer Chong Ser Jing doesn’t own shares in any companies mentioned.