Singapore Press Holdings, Singapore Exchange and FTSE Group announced that constituents of the Straits Times Index (STI) will be unchanged following the conclusion of its quarterly review…..
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The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be (in order of size) Ascendas Real Estate Investment Trust, Keppel Land, UOL Group, Yangzijiang Shipbuilding Holdings and CapitaCommercial Trust. Companies in the reserve list will replace any constituents that become ineligible as a result of corporate actions, before the next review. A full list of STI constituents can be found in Appendix 1.
The STI is widely followed by investors as the benchmark for the Singapore market and is used as the basis for a range of financial products including Exchange Traded Funds (ETFs), futures, warrants and other derivatives.
Source: ETFWorld – FTSE Group
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