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Retail investors will be able to access real time intra-day index values of the revamped Straits Times Index (STI) and new FTSE ST Index Series at the following website addresses:
SPH btstocks.asiaone.com/keyIndices.html
SGX www.sgx.com
NextView www.investasiaonline.com
ShareInvestor www.shareinvestor.com and www.listedcompany.com
The new indices will go live on 10 January 2008 and will be available at the above websites from that date. FTSE will also display the end-of-day index values on its website at www.ftse.com/st
The revamped STI and new FTSE ST Index Series have been developed specifically for the needs of the Singapore market in partnership with Singapore Press Holdings (SPH) and Singapore Exchange (SGX).
The FTSE ST Index Series comprises a new set of indices for the Singapore market that will better reflect the performance of various sectors of the Singapore stock market, and meet the needs of both retail and institutional investors globally.
The revamped STI and the new FTSE ST Index Series aim to stimulate development of index-related products to serve diverse market needs. This in turn offrs international and domestic investors wider investment choices and opportunities in the Singapore market. With the introduction of more indices, a larger number of listed companies can expect to be included in an index and enjoy additional exposure to international fund managers and investors.
The indices should also result in more active trading of Singapore-listed stocks and this is instrumental in creating a more vibrant Singapore securities market.
