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.
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 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. Here is a full list of the STI component stocks and their company information.
Pros and cons of blue-chip stocksPro #1: Stable, long-term earnings. Blue
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