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Best Performing Tools Accessories Stocks of Singapore 2023

Updated Dec 29, 2023
Interested in investing in the category of stocks belonging to the Tools Accessories industry subsector of the Singapore Stock Exchange (SGX)? This article provides the list of the best performing stocks, which have been ranked according to the highest returns generated during the 2023 year-to-date (YTD). The returns are calculated based on the stock price at the start of the year and that at the date of writing for the Singapore stocks of Tools Accessories sector which trade on the SGX. In case number of stocks of a particular sector are less, than penny stocks may also appear in the list, and may show wide swings owing to their small prices and associated movements which may lead to big percentage changes. As the number of stocks belonging to the Singapore Tools Accessories sector is low, all the stocks (irrespective of their market-cap) are considered for the top 10 return generating list.

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Top Performing Tools Accessories StocksFull List of Tools Accessories StocksTop Tools Accessories Stocks for Feb 2024

Top Singapore Tools Accessories Stocks With Highest Returns

The following list presents stocks of the Singapore companies which belong to the broader Tools Accessories sector or the stock market index, their corresponding prices as of given date, and the percentage gains realized:
 1) Spindex Industries Limited (564)

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Top Performing Tools Accessories StocksFull List of Tools Accessories StocksTop Tools Accessories Stocks for Feb 2024

Performance of Top Tools Accessories Stocks of Singapore

Here's a look at the basic details and how the above mentioned stocks fared during the period:

1) Spindex

Spindex Industries Limited, together with its subsidiaries, engages in the manufacture, import, export, and trade of mechanical, electrical, ... see Detailed Company Profile of Spindex.
The Singapore-headquartered company Spindex Industries Limited (564) is ranked number two among the best performing stocks of Tools Accessories of 2023. The Industrials sector business falls under the Tools & Accessories industrial sub-sector. Since the start of the year 2023, the stock price of Spindex has changed by -11.34 percent, which is calculated based on the previous year's closing price of ₹0.97 per share and year-to-date closing price of ₹0.86 per share as of writing. The market value of the company as indicated by its market-cap changed from ₹111.9 million to ₹99.21 million during the same period.
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