Top 10 large cap stocks to watch in Singapore
Singapore is rich with large cap stocks, with 14 S$10 billion+ companies currently on the Singapore Stock Exchange. Take a look at the top 10 big cap stocks in the country and learn more about their business operations.
What are large cap (big cap) stocks?
Large cap (or big cap) stocks are those that have an extremely large market capitalisation value – more than S$10 billion. They’re typically among the most established and mature companies within a country and are seen as stable investments.
When we refer to market capitalisation, we’re talking about the total value of a company’s shares. It’s an easy way for investors and traders to find out a company’s size, which can help in determining the risk of investing or trading.
Best large cap stocks to watch in Singapore
There are numerous large cap stocks in Singapore. Let’s take a look at 10 of them. Note that all figures are correct at the time of writing in September 2024.
1. DBS
DBS Group Holdings Ltd is an investment company, offering banking services to consumers, retail companies, small and medium enterprises and corporates. It was founded in 1968 and is headquartered in Singapore. Piyush Gupta is the current deputy CEO but will be succeeded by Tan Su Shan in March 2025.1
Its current market cap is S$105,415 billion.2
2. OCBC
Oversea-Chinese Banking Corp Ltd is a financial and banking services provider, operating through global consumer/private banking, global wholesale banking, global treasury and markets, insurance and more. The private banking sector of the business offers consumers cheque accounts, fixed deposits, savings, loans, credit cards, wealth management products and brokerage services. The global treasury area focuses on derivatives trading, among other activities. It was founded in 1932 and its headquarters are in Singapore.3
OCBC’s current market cap is S$68,219 billion.2
3. Singtel
Singapore Telecommunications Ltd is an investment holding company for a variety of activities, including consumer, enterprise, digital life and corporate sectors. It provides telecommunications, digital marketing, regional premium over-the-top video and advanced analytics and intelligence services. The company was founded in 1992 and is headquartered in Singapore.4
Singtel’s current market cap is S$54,299 billion.2
4. UOB
United Overseas Bank Ltd provides banking services to small and medium enterprises, as well as loans, cash management, advisory services, foreign exchange, credit and structured investment products. It was founded in 1935 and is based in Singapore.5
Its market capitalisation is S$53,604 billion.2
5. Wilmar International
Wilmar International Ltd is involved in processing, merchandising and distributing agricultural products. The business itself is a holding company and operates in tropical oils, oilseeds, grains, sugar and more. The tropical oils segment distributes palm oil and lauric acid-related products, including biodiesel. The oilseed portion operates with flour, rice milling, corn processing, wheat and rice noodles.6
Its market cap is currently S$18,878 billion.2
6. SIA
Headquartered in Singapore, Singapore Airlines Ltd has been around since 1972. It offers full-service carrier activities focusing on short and long haul flights. It also has an engineering sector providing airframe maintenance and overhaul, technical ground handling and fleet management. It owns two subsidiaries – SIA Engineering Company and Scoot, a low-cost airline.7
Singapore Airlines’ current market cap is S$18,844 billion.2
7. CapitaLand Invest
CapitaLand Investment Ltd owns and manages real estate investments. This includes investment and asset management of listed and unlisted funds and project management. It also invests in real estate and related financial products. It was founded in 2003, so it’s quite a young company compared to most of the others on our list. It’s headquartered in Singapore.8
As a large cap stock in Singapore, its current market cap is S$14,595 billion.2
8. ST Engineering
Singapore Technologies Engineering Ltd is another investment holding company on our list. It provides services in aerospace, electronics and land and marine systems. This includes defence and public security and critical information infrastructure solutions. It was founded in 1967 and is a large cap stock headquartered in Singapore.9
ST Engineering’s market cap is S$14,085 billion.2
9. Jardine Matheson Holdings Ltd
Jardine Matheson Holdings Limited specialises in a range of sectors around the Singapore and Bermuda regions. It has interests in Jardine Pacific, which has a broad portfolio of businesses, including those in automotive, financial services, mining, construction and energy, property, information technology and more. It also holds interests in Jardine Motors, Hongkong Land, Dairy Farm, Mandarin Oriental, Jardine Cycle & Carriage and Astra. It’s headquartered in Bermuda and has a secondary listing on the Singapore Stock Exchange. It was founded in 1984.10
Its market cap is currently S$13,712 billion.2
10. Thai Bev
Thai Beverage Public Co Ltd is a holding company for the production and distribution of beverages in Asian regions. It offers spirits, beer, non-alcoholic beverages and food. The non-alcoholic segments provide branded water, soda, coffee, energy drinks, green tea and fruity drinks. Its food segment operates in Japanese restaurants. It’s another fairly young company in comparison to others on this list, being founded in 2003. It’s headquartered in Bangkok, Thailand.
Its current market capitalisation is S$13,192 billion.2
How to trade big cap stocks in Singapore with us
- Create an account or log in
- Find a big cap stock opportunity
- Click ‘buy’ to go long or ‘sell’ to short
- Set your position size
- Take steps to manage your risk
- Open and monitor your position
1 DBS, 2024
2 Trading View, 2024
3 Trading View, 2024
4 Trading View, 2024
5 Trading View, 2024
6 Trading View, 2024
7 Trading View, 2024
8 Trading View, 2024
9 Trading View, 2024
10 Trading View, 2024
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