Small-caps tend to deliver jaw-dropping gains but selecting them can be a hit-and-miss experience. Who would have imagined Pharmesis International, a loss-making pharmaceutical company (market cap: S$18 million), would skyrocket by a whopping 466% in 2024? Small caps overwhelm the list of top 50 gainers on the Singapore Exchange in 2024. Below is the list culled from the stock screener on the SGX website. The only heavyweights are Yangzijiang Shipbuilding (market cap: S$6 billion) and DBS Group (market cap: S$124 billion). And perhaps Sinarmas Land (market cap: S$1.3 billion), which has relatively little investor engagement with the broader market. Highlighted in the list below are stocks with links to recent articles on NextInsight, so you can find out more about them. There are outperformers -- such as Oiltek and Beng Kuang -- which moved up strongly after a limp performance in 2023. Perhaps they are a reminder of Warren Buffett's saying: "The stock market is a device for transferring money from the impatient to the patient.” |
Trading Name |
Last Price |
52-wk %Pr. Chg. |
|
1 |
Pharmesis Intl |
0.555 |
466.3 |
2 |
1.04 |
386.0 |
|
3 |
Salt Investments |
0.004 |
300.0 |
4 |
0.23 |
244.3 |
|
5 |
Asiatic |
0.003 |
200.0 |
6 |
Joyas Intl |
0.002 |
200.0 |
7 |
AVJennings A$ |
0.63 |
152.0 |
8 |
Soilbuild Constr |
0.745 |
145.2 |
9 |
Aspen |
0.049 |
145.0 |
10 |
0.945 |
140.0 |
|
11 |
Broadway Ind |
0.194 |
137.2 |
12 |
0.7 |
129.5 |
|
13 |
Wee Hur |
0.425 |
123.6 |
14 |
Ying Li Intl |
0.034 |
120.0 |
15 |
Santak |
0.07 |
118.8 |
16 |
Grand Banks |
0.645 |
114.5 |
17 |
0.45 |
111.6 |
|
18 |
0.665 |
110.4 |
|
19 |
Hor Kew |
0.47 |
106.7 |
20 |
2.93 |
103.1 |
|
21 |
UnionSteel |
0.605 |
102.6 |
22 |
Autagco |
0.004 |
100.0 |
23 |
Biolidics |
0.029 |
100.0 |
24 |
Jadason |
0.014 |
100.0 |
25 |
Koh Eco |
0.043 |
100.0 |
26 |
0.047 |
93.8 |
|
27 |
Koyo Intl |
0.044 |
90.9 |
28 |
ChinaKangdaFood |
0.055 |
89.7 |
29 |
Suntar Eco-City |
0.153 |
86.6 |
30 |
GS Hldg |
0.041 |
86.3 |
31 |
Zheneng Jinjiang |
0.43 |
84.6 |
32 |
OKH Global |
0.028 |
81.3 |
33 |
Sinarmas Land |
0.31 |
80.5 |
34 |
BH Global |
0.119 |
80.0 |
35 |
Travelite |
0.148 |
77.0 |
36 |
PEC |
0.86 |
75.7 |
37 |
Ever Glory |
0.39 |
70.8 |
38 |
Reclaims Global |
0.29 |
67.8 |
39 |
Natural Cool |
0.037 |
65.0 |
40 |
Hai Leck |
0.54 |
63.6 |
41 |
Asia Vets |
0.047 |
62.1 |
42 |
1.07 |
61.6 |
|
43 |
OKP |
0.325 |
60.5 |
44 |
Jawala |
0.175 |
59.1 |
45 |
Yunnan Energy |
0.084 |
58.5 |
46 |
DBS |
43.55 |
57.4 |
47 |
CSC |
0.01 |
57.1 |
48 |
Multi-Chem |
2.8 |
56.4 |
49 |
0.485 |
56.1 |
|
50 |
GDS Global |
0.056 |
56.0 |
Source: SGX