• In September, the STI edged 0.4% higher with dividends marginally improving the total return to 0.5%. This brought the STI’s total return for the first nine months of 2019 to 5.3%, while the FTSE ST Mid Cap Index almost doubled the STI’s gains with an 11.3% total return.
     
  • For the month of September, 23 primary-listed SGX stocks repurchased more than 30 million shares with a total consideration of S$15 million. This was down from S$70 million in August and down from S$94 million in September 2018.
     
  • September buyback consideration was led by Yangzijiang Shipbuilding, Stamford Land Corporation, Singapore Press Holdings, ST Engineering and Global Investments. Seven stocks initiated new buyback mandates.

 
Buyback9.19

Seven Stocks Commenced New Mandates in September 2019

The table below summarises the buyback considerations in September 2019. The table is sorted by the value of the total consideration amount for the month, which combines the amount of shares or units purchased and the purchasing price of the transactions. The seven stocks that commenced new mandates are highlighted in capital letters and color.

Stocks

Sept 2019 Total No. of Shares/units Purchased

Sept 2019 Total Buyback Consideration 
(including stamp duties, clearing changes etc)

Cumulative Number of Shares/units purchased in Mandate to date*

Yangzijiang Shipbuilding

5,000,000

$4,670,740

25,000,000

Stamford Land

4,062,800

$1,965,093

19,773,600

Singapore Press Holdings

939,500

$1,829,054

3,515,800

Singapore Technologies Engineering

400,000

$1,555,995

3,670,700

Global Investments

10,949,000

$1,493,282

48,747,200

Singapore Shipping

2,809,000

$818,461

7,364,800

Rex International

7,459,700

$588,517

13,187,000

China Sunsine Chemical

508,000

$510,541

3,087,000

HEALTHWAY MEDICAL

14,066,700

$348,427

14,066,700

BREADTALK

495,000

$312,402

495,000

HRnet

280,000

$163,392

502,000

CDW

645,500

$124,075

3,382,500

Cheung Woh Technologies

743,700

$109,334

1,780,300

FOOD EMPIRE

200,000

$100,812

200,000

Japfa

167,800

$76,784

1,330,500

STARBURST

166,600

$61,825

166,600

Tuan Sing

175,000

$58,851

3,705,000

Hong Fok

62,100

$52,638

2,355,300

EUROSPORTS GLOBAL

230,000

$43,300

230,000

Straco

38,300

$28,862

100,800

SINGHAIYI

310,000

$27,505

310,000

GRP

20,000

$3,545

1,857,200

ANCHUN

2,700

$583

2,700

Total

49,731,400

$14,944,019

Source: SGX My Gateway (Data as of 30 Sep 2019)


Full report on SGX website.


Share Prices

Counter NameLastChange
AEM Holdings1.190-0.010
AusGroup0.022-0.001
Avi-Tech Electronics0.3450.005
Best World Int.1.360-
CEI0.955-
China Sunsine1.120-0.010
CNMC GoldMine0.280-0.005
CSE Global0.460-0.005
Eagle HTrust USD0.655-0.005
Food Empire0.5250.005
Golden Energy0.165-
GSS Energy0.068-0.002
ISDN Holdings0.210-
ISOTeam0.225-
JB Foods0.650-
KSH Holdings0.460-0.005
Miyoshi0.036-0.001
Moya Asia0.0650.004
Nordic Group0.265-
Oxley Holdings0.3250.005
Procurri0.3800.045
REX International0.079-0.003
Riverstone0.965-0.015
Roxy-Pacific0.3800.005
Sing Holdings0.385-
SingMedical0.305-0.005
Straco Corp.0.750-
Sunningdale Tech1.200-
Sunpower Group0.4750.005
The Trendlines0.090-0.001
Tiong Seng0.2400.035
Uni-Asia Group0.715-0.005
Yangzijiang Shipbldg0.9750.005

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