What's in and out of the Straits Times Index
Singapore Press Holdings, Singapore Exchange Limited and FTSE Group have announced the results of the half-yearly review of the Straits Times Index (STI) and FTSE ST Index Series.
The result? ComfortDelGro Corporation and SMRT Corporation are joining the STI, while Yanlord Land Group and Keppel Land are on the way out. The changes will take effect on March 23.
The changes to the STI and 19 other FTSE ST indices were approved by the independent FTSE ST Index Advisory Committee, which reviewed the indices in accordance with the index ground rules. Half-yearly index reviews ensure that the indices remain an accurate reflection of the market they represent. This is essential when the indices are used to benchmark investment portfolios and used as the basis of existing exchange-traded funds, warrants, futures and other index-linked products.
The STI reserve list after this review will comprise of -- in order of priority -- Ascendas Real Estate Investment Trust, STX Pan Ocean, Yangzijiang Shipbuilding Holdings, Singapore Post and Singapore Land. Reserve lists are created at each half-yearly review and comprise the next five companies ranked in order of market capitalisation below the STI. Companies in the reserve list will be included in the STI to replace any constituent stocks that may be excluded, in the event of corporate actions or mergers which impact the index between reviews.
The changes made to the FTSE ST indices, effective March 23, are as follows:
For the FTSE ST Mid-Cap Index:
|
Included |
Excluded |
|
Yanlord Land Group |
ComfortDelGro Corporation |
|
Keppel Land |
SMRT Corporation |
|
Kim Eng Holdings |
Mandarin Oriental International |
|
Biosensors International Group |
Hong Leong Finance |
|
Ascendas India Trust |
Cerebos Pacific |
|
CapitaRetail China Trust |
People's Food Holdings |
|
Raffles Medical Group |
Delong Holdings |
|
Frasers Centrepoint Trust |
Gallant Venture |
|
Midas Holdings |
China Sky Chemical Fibre Co |
For the FTSE ST Small-Cap Index:
|
Included |
Excluded |
|
China Sky Chemical Fibre Co |
Kim Eng Holdings |
|
Mermaid Maritime PCL |
Biosensors International Group |
|
ISDN Holdings |
Ascendas India Trust |
|
Changtian Plastic & Chemical |
CapitaRetail China Trust |
|
|
Raffles Medical Group |
|
|
Frasers Centrepoint Trust |
|
|
Midas Holdings |
|
|
United Engineers |
|
|
Orchard Parade Holdings |
|
|
Stamford Land Corp |
|
|
Metro Holdings |
|
|
CH Offshore |
|
|
Chuan Hup Holdings |
|
|
AsiaPharm Group |
|
|
Pacific Shipping Trust |
|
|
Amara Holdings |
|
|
Kencana Agri |
|
|
Manhattan Resources |
|
|
First Real Estate Investment Trust |
|
|
Full Apex Holdings |
|
|
Hersing Corp |
|
|
Low Keng Huat Singapore |
|
|
Tuan Sing Holdings |
|
|
MediaRing |
|
|
BH Global Marine |
|
|
LMA International NV |
|
|
Xpress Holdings |
|
|
Singapore Shipping Corp |
|
|
SMB United |
|
|
Beyonics Technology |
|
|
Foreland Fabrictech Holdings |
|
|
China Auto Corp |
|
|
Fung Choi Media Group |
|
|
Aqua-Terra Supply Co |
|
|
Pteris Global |
|
|
HL Global Enterprises |
|
|
Lizhong Wheel Group |
|
|
China Dairy Group |
|
|
UMS Holdings |
|
|
OSIM International |
|
|
Ouhua Energy Holdings |
|
|
Luzhou Bio-Chem Technology |
|
|
Sunshine Holdings |
|
|
Gems TV Holdings |
|
|
China Farm Equipment |
|
|
TT International |
For the FTSE Fledgling Index:
|
Included |
Excluded |
|
Baker Technology |
ISDN Holdings |
|
Marco Polo Marine |
China Fibretech |
|
Memstar Technology |
TeleChoice International |
|
Auric Pacific Group |
Novo Group/Singapore |
|
China Kunda Technology Holdings |
Aspial Corp |
|
C&O Pharmaceutical Technology Holdings |
Boardroom |
|
Yongmao Holdings |
Benefun International Holdings |
|
Tai Sin Electric |
Changtian Plastic & Chemical |
|
Second Chance Properties |
JK Yaming International Holdings |
|
YHI International |
Singapura Finance |
|
Hai Leck Holdings |
Heng Long International |
|
Samko Timber |
Jurong Cement |
|
Lum Chang Holdings |
Jacks International |
|
Enviro-Hub Holdings |
Lankom Electronics |
|
Tianjin Zhong Xin Pharmaceutical Group Corp |
Chuan Soon Huat Industrial Group |
|
Electrotech Investments/Singapore |
|
|
InnoTek |
|
|
Fuxing China Group |
|
|
Liang Huat Aluminium |
|
|
China Lifestyle Food and Beverages Group |
|
|
Saizen REIT |
|
|
United Food Holdings |
|
|
Memtech International |
|
|
Hiap Hoe |
|
|
Japan Land |
|
|
Asti Holdings |
|
|
Best World International |
|
|
ABR Holdings |
|
|
Fu Yu Corp |
|
|
Centillion Environment & Recycling |
|
|
Yoma Strategic Holdings |
|
|
Ouhua Energy Holdings |
|
|
Luzhou Bio-Chem Technology |
|
|
Sunshine Holdings |
|
|
Broadway Industrial Group |
|
|
Sarin Technologies |
|
|
HTL International Holdings |
|
|
TEE International |
|
|
Gems TV Holdings |
|
|
Yellow Pages Singapore |
|
|
Vicplas International |
|
|
Qian Feng Fabric Tech |
|
|
China Farm Equipment |
|
|
Food Junction Holdings |
|
|
TT International |
|
|
MacarthurCook Property Securities Fund |
|
|
CHT Holdings |
|
|
Noel Gifts International |
|
|
Nico Steel Holdings |
|
For the ST FTSE China Index:
|
Included |
Excluded |
|
Raffles Education Corp |
People's Food Holdings |
|
Pacific Century Regional Developments |
Delong Holdings |
|
Biosensors International Group |
AsiaPharm Group |
|
ISDN Holdings |
Full Apex Holdings |
|
JES International Holdings |
Fung Choi Media Group |
|
Changtian Plastic & Chemical |
HL Global Enterprises |
|
China Oilfield Technology Services Group |
Lizhong Wheel Group |
|
|
China Dairy Group |
|
|
Ouhua Energy Holdings |
|
|
Luzhou Bio-Chem Technology |
|
|
Sunshine Holdings |
|
|
China Farm Equipment |
For the FTSE ST China Top Index:
|
Included |
Excluded |
|
Raffles Education Corp |
People's Food Holdings |
|
Pacific Century Regional Developments |
Delong Holdings |
|
Biosensors International Group |
China Energy |
|
Sihuan Pharmaceutical Holdings Group |
China Sky Chemical Fibre Co |
The next review is scheduled for September 10.