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- One change to the constituents of the STI
FTSE Russell announces that there will be one change to the constituents of the Straits Times Index (STI), following the March 2024 quarterly review. Frasers Centrepoint Trust has been added to the STI and Emperador has been removed from the index.
A full list of STI constituents can be found on the website.
The STI reserve list will see the following changes (in alphabetical order):
All changes from this review take effect at the start of business on 18 March 2024 and the next review will take place in June 2024.
The indexes are reviewed quarterly in accordance with the index ground rules and to facilitate the inclusion of eligible IPO stocks. The FTSE ST methodology ensures the indexes accurately represent the investable universe for benchmarking purposes and can be easily replicated as the basis of index-linked products.
FTSE Russell has partnered with SPH Media Trust, publisher of The Straits Times newspaper, and Singapore Exchange (SGX Group) to jointly calculate Singapore’s main stock market benchmark. 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), warrants, futures and other derivatives. FTSE Russell is the index administrator.
Further information on the FTSE ST Index Series, including all additions and deletions as well as ground rules, is available at www.ftserussell.com/products/indices/SGX-ST
