The Straits Times Index (SGX: ^STI), or STI, represents Singapore’s blue-chip index and is made up of 30 different blue-chip companies.
The STI is widely used as a barometer for sentiment for the local bourse.
However, the 30 stocks that make up the coveted list can change from time to time.
Every quarter, the index is reviewed and changes may or may not be made.
One or two of the 30 companies may even be replaced.
The last change happened way back on 22 June 2020, when Singapore Press Holdings (SGX: T39) was dropped in favour of Mapletree Industrial Trust (SGX: ME8U).
Before that, Mapletree Logistics Trust (SGX: M44U) took the place of Golden Agri-Resources Ltd (SGX: E5H) further back in December 2019.
During the review of the STI last month, no changes were made to the constituents.
Moving forward, some of the current STI stocks could be replaced by other companies....
