In the first half of 2025, five stocks emerged as the strongest performers in the FTSE ST Mid Cap Index, showcasing significant market activity and investor interest. Among these, Raffles Medical and CapitaLand Investment stood out, reflecting robust market capitalisation and trading volumes. The index, which tracks the performance of mid-sized companies listed on the Singapore Exchange (SGX), saw these stocks leading the charge through June.
Raffles Medical, with a market capitalisation of S$4.6b, recorded a year-to-date average daily turnover (ADT) of S$3.1m. Meanwhile, CapitaLand Investment, a major player in the real estate sector, also featured prominently in the index’s top performers. These companies have been pivotal in driving the index’s performance, highlighting their strategic importance in the Singaporean market.
The performance of these stocks is significant as it underscores the resilience and growth potential of mid-cap companies amidst evolving market conditions. The strong showing by these companies is attributed to their strategic initiatives and market positioning, which have attracted substantial investor interest.
Info-Tech Systems, another notable entity, plans to utilise approximately S$28.7m in proceeds for business growth, focusing on sales, marketing, and research and development. This move is expected to further bolster its market presence and drive future performance.
As the year progresses, these companies are likely to continue influencing the index, with potential implications for investors seeking opportunities in Singapore’s dynamic mid-cap sector.
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