Skip to main content

You are here

No Changes to Straits Times Index after Quarterly Review

 

Singapore Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Russell announce today that constituents of the Straits Times Index (STI) will remain unchanged following the conclusion of its quarterly review.

The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be (in order of size) UOL Group, Yangzijiang Shipbuilding Holdings, CapitaLand Commerical Trust, Suntec REIT and Genting Hong Kong.  Companies on the reserve list will replace any constituents that become ineligible as a result of corporate actions, before the next review.  A full list of STI constituents can be found in the Appendix.

The STI is widely followed by investors as the benchmark for the Singapore market and is used as the basis for a range of financial products including Exchange Traded Funds (ETFs), futures, warrants and other derivatives.

Several changes were made to other indexes in the FTSE ST Index Series. Full details of all deletions and additions can be found at http://www.ftse.com/products/indices/SGX-ST

All changes from this review will take effect from the start of trading on 22 June 2015. The next review is scheduled for 3 September 2015.

The indexes are reviewed half-yearly in accordance with the index ground rules and reviewed quarterly to fast-track the inclusion of eligible IPO stocks.  The FTSE ST methodology ensures the indexes accurately represent the investable universe for benchmarking purposes and can be easily replicated as the basis of index-linked products.

– Ends –

For further information:

Media contacts:

SPH
Chin Soo Fang
Corporate Communications & CSR
Tel: +65 6319 1216
Email: soofang@sph.com.sg

SGX
Carolyn Lim
Marketing & Communications - Singapore Exchange
Tel: +65 6236 8139
Email: carolyn.lim@sgx.com

FTSE Russell
Fennie Wong
Tel: +852 2164 3267
Email: media@ftse.com

Jointly issued by:

Singapore Press Holdings Limited
Co. Regn. No: 198402868E

Singapore Exchange Limited
Co. Regn. No: 199904940D

FTSE International Limited
Co. Regn. No: 03108236


Notes to editors:

About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms, ranging from print, digital, radio and out-of-home media.

SPH owns award-winning newspapers, magazines and best-selling books in both print and digital editions, as well as online classified businesses in the region. In addition, SPH has two English radio stations and one Chinese radio station, an out-of-home digital advertising unit, a regional events and conferences arm, and runs a chain of modern retail convenience stores. SPH also has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8 and U, and a 40 per cent stake in MediaCorp Press Limited, which publishes the free newspaper, Today.

SPH REIT comprises Paragon, a premier upscale retail mall and medical suite/office property in Orchard Road and The Clementi Mall, a mid-market suburban mall. SPH's latest retail development is The Seletar Mall located in Sengkang.

For more information, please visit www.sph.com.sg

About Singapore Exchange (SGX)
Singapore Exchange (SGX) is the Asian Gateway, connecting investors in search of Asian growth to corporate issuers in search of global capital. SGX represents the premier access point for managing Asian capital and investment exposure, and is Asia's most international exchange with about 40% of companies listed on SGX originating outside of Singapore. SGX offers its clients the world's biggest offshore market for Asian equity index futures, centred on Asia's three largest economies -China, India and Japan. In addition to offering a fully integrated value chain from trading and clearing, to settlement and depository services, SGX is also Asia's
pioneering central clearing house. Headquartered in Asia's most globalised city, and centred within the AAA strength and stability of Singapore's island nation, SGX is a leading Asian counterparty for the clearing of financial and commodity products.

For more information, please visit www.sgx.com

About FTSE Russell
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors world wide.  FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 80 countries, covering 98% of the investable market globally and trading on over 25 exchanges worldwide.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Leading asset owners, asset managers, ETF providers and investment banks use FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance. FTSE Russell is also focused on index innovation and client collaboration as it seeks to enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit www.ftserussell.com.

About London Stock Exchange Group
London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world's financial community. The Group can trace its history back to 1698.

The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, a pan-European equities MTF. It is also home to one of the world’s leading growth markets for SMEs, AIM. Through its platforms, the Group offers international business and investors unrivalled access to Europe's capital markets.

Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of multi-asset global CCP operator, LCH.Clearnet Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2S-ready European settlement business; and globeSettle, the Group’s newly established CSD based in Luxembourg.

The Group is a global leader in indexing and analytic solutions. FTSE Russell offer thousands of indexes that measure and benchmark markets around the world. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, Proquote and RNS.

Following the acquisition of Russell Investments, LSEG conducted a comprehensive review of the investment management business to analyse its strategic fit with the Group. This was concluded in February 2015, and LSEG is now exploring a sale of the business in its entirety.

London Stock Exchange Group is a leading developer of high performance trading platforms and capital markets software for customers around the world. In addition to the Group’s own markets, over 35 other organisations and exchanges use the Group’s MillenniumIT trading, surveillance and post trade technology. Headquartered in London, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,700 people.

Further information on London Stock Exchange Group can be found at www.lseg.com.

---------------

© 2015 London Stock Exchange Group c
ompanies.
London Stock Exchange Group companies includes FTSE International Limited (“FTSE”), Frank Russell Company (“Russell”), MTS Ne
xt Limited (“MTS”), and FTSE TMX
Global Debt Capital Markets Inc (“FTSE TMX”). All rights reserved.
“FTSE®”, “Russell®”,
“MTS®”, “FTSE TMX®” and “FTSE Russell” and other service marks and trademarks related to the FTSE or Russell indexes are trad
e marks of the
London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under licence.
All informat
ion is provided for information purposes only. Every effort is made to ensure that all information given in this publication
is accurate, but no responsibility or
liability can be accepted by the London Stock Exchange Group companies nor its licensors for
any errors or for any loss from use of this publication.
Neither the London Stock Exchange Group companies nor any of their licensors make any claim, prediction, warranty or represen
tation whatsoever, expressly or impliedly,
either as to the results to be
obtained from the use of the FTSE Russell Indexes or the fitness or suitability of the Indexes for any particular purpose to
which they might be
put.
The London Stock Exchange Group companies do not provide investment advice and nothing in this communic
ation should be taken as constituting financial or investment
advice. The London Stock Exchange Group companies make no representation regarding the advisability of investing in any asset
. A decision to invest in any such asset
should not be made in relian
ce on any information herein. Indexes cannot be invested in directly. Inclusion of an asset in an index is not a recommendati
on to buy, sell or
hold that asset. The general information contained in this publication should not be acted upon without obtainin
g specific legal, tax, and investment advice from a licensed
professional.
No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, elect
ronic, mechanical, photocopying, recording or
otherwise
, without prior written permission of the London Stock Exchange Group companies. Distribution of the London Stock Exchange Gr
oup companies’ index values
and the use of their indexes to create financial products require a licence with FTSE, FTSE TMX, MTS an
d/or Russell and/or its licensors.
The Industry Classification Benchmark (“ICB”) is owned by FTSE. FTSE does not accept any liability to any person for any loss
or damage arising out of any error or
omission in the ICB.
Appendix
STI Constituents
Ascendas
REIT
Noble Group
Capitaland
Oversea
-
Chinese Banking
CapitaMall Trust
Olam International
City Developments
SembCorp Industries
ComfortDelGro
Sembcorp Marine
DBS Group Holdings
SIA Engineering
Genting Singapore
Singapore Airlines
Global Logistic Prope
rties
Singapore Exchange
Golden Agri
-
Resources
Singapore Press Holdings
Hongkong Land Holdings
Singapore Technologies Engineering
Hutchison Port Holdings Trust
Singapore Telecom
Jardine Cycle & Carriage
StarHub
Jardine Matheson Holdings
Thai Beverage
Jardine Strategic Holdings
United Overseas Bank
Keppel
Wilmar International Limited