The 6 biggest SGX-listed agriculture stocks are beating global benchmarks

SINGAPORE (Sept 4): Six of the biggest agriculture-focused stocks listed on the Singapore Exchange (SGX) are beating global agriculture benchmarks so far this year, according to data from Bloomberg and SGX.

Wilmar International, Olam International, Golden Agri-Resources, First Resources, Japfa and Bumitama Agri each have a market capitalisation above $1 billion. As of Aug 27, they have a combined market capitalisation of $35.8 billion.

Year-to-date, the six stocks with a significant agriculture business have averaged gains of 3.7%, compared to a 2.6% decline in the Bloomberg Agriculture Spot Index over the same period.

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