By: Derek Lim
The new revamped STI index will be launched tomorrow.
The new index will be slimed down to 30 stocks. Some notable companies that have been removed include Creative Technology, Venture Corp and Chartered Semiconductor, either for failing to meet the minimum market cap requirement or because their shares were not sufficiently liquid over the past year. It comes at no surprise as the electronics sector once the pillar of our economy growth is now past its prime. In their place come two hugely popular China stocks – Yangzijiang Shipbuilding and property firm Yanlord, together with SIA Engineering and commodities/palm oil firm Wilmar International.
New STI Index
| CAPITALAND |
| CAPITAMALL TRUST |
| CITY DEVELOPMENTS |
| COSCO CORP SINGAPORE |
| DBS GROUP HOLDINGS |
| FRASER AND NEAVE |
| GENTING INTERNATIONAL |
| HONG KONG LAND |
| JARDINE CYCLE & CARRIAGE |
| JARDINE STRATEGIC |
| KEPPEL CORP |
| KEPPEL LAND |
| NEPTUNE ORIENT LINES |
| NOBLE GROUP |
| OLAM INTERNATIONAL |
| OVERSEAS CHINESE BANKING |
| SEMBCORP INDUSTRIES |
| SEMBCORP MARINE |
| SIA ENGINEERING* |
| SINGAPORE AIRLINES |
| SINGAPORE EXCHANGE |
| SINGAPORE PRESS HOLDINGS |
| SINGAPORE TECHNOLOGIES ENGINEERING |
| SINGAPORE TELECOM |
| STARHUB |
| THAI BEVERAGE |
| UNITED OVERSEAS BANK |
| WILMAR INTERNATIONAL* |
| YANGZIJIANG SHIPBLDG HLDGS* |
| YANLORD LAND GROUP*
*New Stocks |
Websites to show the real time values of revamped STI index.
SPH – btstocks.asiaone.com/keyIndices.html
SGX – www.sgx.com
NextView – www.investasiaonline.com
ShareInvestor – www.shareinvestor.com and www.listedcompany.com
The new STI will start from the old STI’s closing figure the day before the launch, ensuring a seamless transition. Today, STI managed to close above the 3300 critical support and if the Dow stays positive tonight, expect a rousing start to the new index.
{ 2 comments… read them below or add one }
HELLO
YOUR SITE IS GOOD AND YOU CAN MAKE BETTER BY PROVIDING REAL TIME CHART WITH INDICATOR FOR sti index. because STI index of singapore is good index for study purpose for current and for future trade.
Thanks
Narendra
Hi Narendra,
Thanks for the heads up. I will study on that possibility.
Cheers!