Shares & Derivatives
HotStocksNot Indices Reconstitutions 2008
By DanielXX  •  June 23, 2008
By: DanielXX
STI 3001.81 22.25 (0.7%)
FTSE Midcap Index 739.68 -7.63 (-1.0%)
FTSE Smallcap Index 637.49 -1.79 (-0.3%)
FTSE Fledgling Index 686.76 -5.33 (-0.8%)
Retail Index 112.72 -0.61 (-0.5%)
Plastics Index 65.80 4.60 (7.5%)
Env/Water Index 108.14 1.18 (1.1%)
Energy Index 183.06 1.42 (0.8%)
China Index 141.27 3.76 (2.7%)
PP China Index 145.39 3.07 (2.2%)
FTSE China Index 440.95 11.92 (2.8%)
Since I formed my various sector indices in June 2006 I have not reviewed the component stocks, only removing certain ones when they were delisted. Since it's exactly two years to the month since then, I thought it's a good time to review the stock components and add new ones/remove old ones where appropriate. Below are the revisions, effective immediately. Choosing of component stocks To recap: Component stocks are typically chosen on the basis of the following: 1. Market cap 2. Trading liquidity 3. Track record 4. Expectation of future performance (stability, growth, trading liquidity) 5. Intangibles (eg. institutional coverage, relevance to China sentiment, mindshare in investors' and traders' general attention span) I also will usually not include stocks that were listed within the last 6 months because their post-listing track record is absent. Read more...
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By DanielXX
DanielXX operates a series of popular stock blogs through which he channels his passion for stock investing. He has been sharing his experiences and views on the Singapore stock market for the past year on these blogs, and is best known for his HotStocksNot site where he makes regular calls against certain hot stocks on the Singapore market. DanielXX considers himself a medium-term investor and focuses on fundamental analysis in his stock-picking approach
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