Are negative returns the new normal? Seven out of the ten largest stocks in the FTSE ST Mid Cap Index have generated negative year-to-date returns, according to a report by the SGX. Of the ten largest stocks in the index, Golden-Agri Resources posted the biggest drop so far this year, with a total year-to-date return of -26.2%. This was followed by office landlords CapitaLand Commercial Trust with a -20.4% year-to-date return, and Suntec REIT with a -16.4% return. Meanwhile, SIA Engineering company has a total year-to-date return of -11.6%.