General Announcement::No changes to STI after quarterly review

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
04-Dec-2014 17:56:46
Status
New
Announcement Sub Title
No changes to STI after quarterly review
Announcement Reference
SG141204OTHRBGLN
Submitted By (Co./ Ind. Name)
Carolyn Lim
Designation
Vice President
Description (Please provide a detailed description of the event in the box below)
Singapore and Hong Kong, 4 December 2014 Singapore Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group (FTSE) announced 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) Keppel Land, UOL Group, CapitaCommercial Trust, Suntec REIT and Yangzijiang Shipbuilding Holdings. 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 Appendix 1.

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 indices in the FTSE ST Index Series. Full details of all deletions and additions can be found under the Index Reviews section at www.ftse.com/st.

All changes from this review will take effect from the start of trading on 22 December 2014. The next review is scheduled for 5 March 2015.

The indices 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 indices accurately represent the investable universe for benchmarking purposes and can be easily replicated as the basis of index-linked products.

For more information about the STI and FTSE ST Index Series including index ground rules, please visit http://www.ftse.com/products/indices/SGX-ST.

- Ends -

Attachments