How Singapore’s biggest listed F&B producers have sought to break the mould

SINGAPORE (Sept 4): Singapore is well-positioned to serve integrated networks in the F&B manufacturing and processing industry, in addition to enabling capital formation through its stock market, according to Singapore Exchange (SGX) market strategist Geoff Howie.

In the Aug 30 issue of SGX My Gateway, Howie notes that the largest 10 capitalised stocks listed on the SGX that represent industries linked to F&B production have held steady in 2H17 by averaging a marginal decline of just 0.1% in the close of Aug 29, following an average 5.4% decline in 1H17.

These 10 stocks, which are all international businesses that have “significant revenue reach in the region”, booked a comparatively strong 19.5% gain in 2016.

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