SINGAPORE (June 20): Over 30 stocks listed on the Singapore Exchange (SGX) make up part of the 1,200 stocks representing the hotel, restaurant and leisure industry, a key driver of the world’s consumer discretionary sector.

According to the SGX, 20 of these counters have averaged 18% price gains in the year to date (YTD) – comparable to their global peers with average YTD price gains of 18% in SGD terms.

In SGX’s weekly e-newsletter on Monday, the bourse’s market strategist, Geoff Howie, points out that one such stock is Genting Singapore (GENS): Singapore’s largest capitalised stock within the hotel, restaurant and leisure industry, and also Asia Pacific’s eighth biggest stock in the sector by market capitalisation.

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