Conversely, in Singapore, the relevant contingent of close to 40 Agriculture, F&B stocks generated a 3% median total return in 2019. These stocks are also trading at a highly competitive 22 times median price-to-earnings ratio, similar to the 19 times median price-to-earnings ratio for the close to 1,800 relevant stocks across Asia Pacific, according to a market update published by Singapore Exchange.
SINGAPORE (Jan 22): Global Agriculture, Food and Beverage (F&B) stocks saw marginal declines in 2019, with a 1% median decline in total return. Almost half of the Global Agriculture, F&B stocks are listed across Asia Pacific exchanges, with the significant regional proportion also generating a 1% median decline in total return.
