The Straits Times Index is the most globally-recognized stock index and the market barometer of Singapore’s equity market, consists of 30 large market-capitalization blue-chip stocks such as DBS Banks, Singtel, Keppel Corporation.
Every quarter, the index administrator FTSE Russel, SPH and SGX would conduct a joint review of the index constituents. The next 5 largest companies by market value, in the STI reserve list, would stand a chance to join the STI.
During the most recent quarter review, Venture Corporation Ltd would join the STI effective 5 Jan 2018, to replace Global Logistic Properties that had been bought over as it maintained the highest market value in the reserve list as of 2 Jan 2018.
Venture Corporation Ltd (SGX: V03) is a leading global provider of technology services, products and solutions. It offers manufacturing, product design and development, engineering, and supply chain management services to the electronics industry. Headquartered …