New Straits Times Index goes live on 10 January

Singapore Press Holdings, Singapore Exchange and FTSE Group have announced that the revamped Straits Times Index as well as the other 18 new indices of the FTSE ST Index Series will go live on 10 January 2008. The revamped STI will comprise 30 blue-chip companies on the SGX mainboard, ranked by market capitalisation as of 31 August. The stocks have passed FTSEÆs international methodology, particularly its free float and liquidity requirements. According to FTSEÆs guidelines, the fre…