OREANDA-NEWS. More than one in 10 stocks listed on SGX are categorised to the Information Technology (IT) sector. They have a combined market value of more than S$10 billion. The IT sector can be broken down into three industry groups – Semiconductors & Semiconductor Equipment, Software & Services, and Technology Hardware & Equipment.

The 10 largest IT stocks have a combined market capitalisation of S$6.9 billion, and represent nine different fields of the Information Technology business – Electronic Manufacturing Services, Application Software, Technology Distributors, Technology Hardware, Storage & Peripherals, Internet Software & Services, Electronic Equipment & Instruments, Electronic Components, IT Consulting & Other Services and Semiconductor Equipment.

These 10 stocks generated a 4.9% total return in the month of Oct 2015, taking the year-to-date and annualised three-year total returns to negative 6.1% and 9.1% respectively. They generated mixed performances in the year thus far, with five gainers and five decliners.

Among the 10 largest stocks categorised to the Information Technology sector, the five best performers in the year thus far were iFAST Corporation, Chuan Hup Holdings, Venture Corporation, GP Industries and UMS Holdings. Together, these five stocks have averaged a 19.4% year-to-date return.

The table below is sorted by market value. Click on the stock name to view its full profile on SGX StockFacts.

Name SGX Code Market Cap
in S$bln		 Total Return
Oct 2015 %		 Total Return
YTD %		 Total Return:
3 Yrs annualised %		 Total Return:
3 Yrs %		 Dvd Ind Yld % GICS®  Sub Industry Name
Venture Corporation V03 2.4 -0.2 15.6 10.1 33.5 5.8 Electronic Manufacturing Services
Silverlake Axis 5CP 1.8 2.1 -33.9 25.7 98.6 5.4 Application Software
GSH Corporation BDX 0.5 -1.8 -33.3 -3.6 -10.5 1.0 Technology Distributors
TPV Technology T18 0.4 N/A -36.3 -10.7 -28.8 N/A Technology Hardware, Storage & Peripherals
iFAST Corporation AIY 0.4 5.4 35.2 N/A N/A 0.5 Internet Software & Services
Hi-P International H17 0.4 35.1 -38.3 -15.6 -39.9 0.7 Electronic Components
GP Industries G20 0.3 -0.7 15.3 32.7 133.7 N/A Electronic Equipment & Instruments
Chuan Hup Holdings C33 0.3 4.5 19.7 14.5 50.2 3.4 Electronic Components
CSE Global 544 0.3 -2.0 -15.7 -0.7 -2.1 5.7 IT Consulting & Other Services
UMS Holdings 558 0.2 2.0 11.1 29.1 115.2 9.7 Semiconductor Equipment
Average     4.9 -6.1 9.1 38.9 4.0  

Source: SGX, Bloomberg & SGX StockFacts (data as of 18 November 2015)

Largest IT stock – Venture Corp.

Venture Corporation provides technology services, products, and solutions worldwide. Their business consists of three segments: Electronics Services Provider, Retail Store Solutions and Industrial, and Component Technology. It offers manufacturing, product design and development, engineering, supply-chain management, and fulfilment services to the electronics industry. Venture Corp comprises about 40 companies located in South-east Asia, North Asia, America and Europe and employs more than 12,000 people worldwide.

In its 2014 Annual Report, Venture Corp segmented 96.5% of its FY2014 revenue to the Asia-Pacific region. Over the past three years, Venture Corp generated a 10.0% price gain compared to the Straits Times Index, which gained 7.6% over the period.