SINGAPORE (Dec 8): Year to date, the 20 largest SGX-listed Information Technology (IT) stocks have averaged a total return of 8.3%.

This brings their three-year returns to 48.6%, according to Singapore Exchange’s My Gateway report published on Tuesday.

The 20 IT stocks, which have a combined market capitalisation of $7.5 billion, have an average dividend yield of 4.6%.

"In comparison, the FTSE Asian Sector Technology Index, which comprises Asian companies categorised to the Technology industry, generated a marginal decline in the month of November. This takes the Index's year-to-date return to a negative 7.5%,” said the SGX report.