Personal Finance
What Is The Straits Times Index?
By Seedly  •  December 9, 2019

In this new series, we demystify investing terms for beginners.

Previously, we looked at what an ETF is. Now, let’s find out more about the Straits Times Index (STI).

So, what exactly is the STI about?

Source: Giphy

The STI, which has a history going back to 1966, consists of the 30 largest and most liquid companies listed in Singapore. By “liquid”, it means that they must have a certain volume of trading activity in the stock market.

The top 10 constituents of the STI take up around 69% of the index. Those 10 stocks are (data as of 29 November 2019):

ConstituentSectorMarket capitalisation
(S$' million)Weight (%) DBS Group HoldingsBanks45,39215.56 Oversea-Chinese Banking Corp
(OCBC)Banks36,35012.46 United Overseas Bank (UOB)Banks33,13211.36 Singapore Telecommunications (Singtel)Mobile Telecommunications25,1188.61 Jardine MathesonGeneral Industrials 16,3645.61 Keppel CorporationOil Equipment Services & Distribution9,6103.29 CapitaLandReal Estate Investment & Services9,1753.14 Ascendas Real Estate Investment TrustReal Estate Investment Trusts8,7312.99 Thai...
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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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