Personal Finance
Singapore Blue Chips: Are They a Good Safe Haven Investment?
By Seedly  •  May 16, 2020

Blue-chip stocks are shares of larger, well-established companies with a long track record of financial stability and performance.

These companies normally have national brand recognition and are leaders in their industry.

Source: The Fifth Person

A blue-chip stock is also usually included in major market indexes that serve as a benchmark for the country’s stock market.

For example, blue chips like the Facebook, Amazon, Apple, Netflix and Alphabet (FAANG) stocks are included in the S&P 500 index, which measures the stock performances of 500 large companies listed on the U.S. stock exchanges.

Singapore’s S&P 500 equivalent is the Straits Times Index (STI). The STI tracks the performance of the top 30 companies listed on the SGX.

Hence, STI component stocks can be considered as Singapore’s blue chips that are listed on the SGX.

Source: The Fifth Person

Here is a full list of the STI

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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