Shares & Derivatives
Keppel DC REIT (SGX:AJBU) to replace CapitaLand Commercial Trust (CCT) in the Straits Times Index (STI)
By Dr Wealth  •  October 15, 2020
Due to the acquisition of CapitaLand Commercial Trust (CCT) by CapitaLand Mall Trust (SGX:C38U). CCT will be removed from the index, at its last traded price on its last trading day (16 October 2020). As such, Keppel DC REIT (SGX:AJBU) will replace CaptiaLand Commercial Trust (CCT) in the Straits Times Index (STI) as of 19 Oct 2020. Keppel DC REIT will have an indicative index weight of 1.2%, which would bring the total market cap of REITs in the STI close to 14% once the CapitaLand Integrated Commercial Trust (CICT) amalgamation is completed. According to FTSE Russell, a CMT Temporary Line will be added to the STI on the open of 19 October. It will be deleted once its shares are amalgamated with CMT at the close of the distribution ex-date. Keppel DC REIT was top performing S-REIT in 2020 YTD Keppel DC REIT debuted on SGX in 2014 as the first pure data centre REIT ...
Read the full article
By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance