This year has certainly been eventful for investors. By December 3rd, the Straits Times Index (SGX: ^STI) had gained more than 16%, reaching a peak not seen in 17 years.
This impressive performance took quite a few by surprise, especially as Singapore’s stock market had been pretty stagnant following the pandemic’s conclusion. However, it wasn’t just the well-known blue-chip stocks that saw success; many lesser-known stocks also did remarkably well.
Let’s take a look at five top-performing stocks in 2024, examining their recent earnings and future potential.
For your reference, all share price data is up to November 29, 2024.
Centurion Corporation (SGX: OU8)
Centurion Corporation specializes in owning, developing, and managing purpose-built worker accommodation assets in Singapore, Malaysia, and China. In addition, the company holds a portfolio of purpose-built student accommodation assets in countries like Australia, the UK, and the US, as well as build-to-rent assets in China.
This year, Centurion’s share price skyrocketed by 129.3%, closing at S$0.94, not far from its 52-week high of S$1.01.
The company has reported impressive earnings…
