Someone requested the data for stock market valuations stretching back to 2008 low so I thought I share it with everyone. Just a reference point for everyone.
Changes in composition
I was having a discussion with a friend who was commenting that the composition of the STI had changed significantly over the last decade – with the banks making up a larger percentage of the index today (upwards of 40%).
He remarked that Singtel used to make up a bigger proportion of the Straits Times Index but that the banks had really powered ahead post GFC – continually making up an ever increasing proportion of the Straits Times Index.
This might affect historical comparisons
Readers should keep in mind that weighting of the largest constituents have changed over the years – making historical comparisons tricky. I don’t actually have the exact data for for the change in composition of the STI to …