Finance

3 Beaten-Down Blue-Chip Stocks in Singapore Poised for a Potential Rebound

2024-11-26

Author: Siti

3 Beaten-Down Blue-Chip Stocks in Singapore Poised for a Potential Rebound

The Straits Times Index (SGX: ^STI) has made headlines this year, boasting an impressive total return of 19.1% as of 7 November. However, not all 30 blue-chip stocks on the index have shared in the success, as several have faced challenges that caused their share prices to plummet. Here’s a look at three blue-chip stocks that, despite their year-to-date declines, may be ready for a comeback.

1. Wilmar International (SGX: F34)