General Announcement::News Release: FTSE Straits Times Index (STI) Quarterly Review - June 2020

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-Jun-2020 19:09:31
Status
New
Announcement Sub Title
News Release: FTSE Straits Times Index (STI) Quarterly Review - June 2020
Announcement Reference
SG200604OTHRM3TB
Submitted By (Co./ Ind. Name)
Jo-Ann
Designation
Senior Associate, Marketing & Communications
Description (Please provide a detailed description of the event in the box below)
- One change to the constituents of the STI

FTSE Russell announces that there will be one change to the constituents of the Straits Times Index (STI), following the June 2020 quarterly review. Mapletree Industrial Trust has been added to the STI. As a result, Singapore Press Holdings has been removed from the index.

The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be (in order of size) Keppel DC REIT, Suntec REIT, NetLink NBN Trust, Frasers Logistics & Industrial Trust and Keppel REIT. Stocks 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 on the website.

FTSE Russell has partnered with Singapore Press Holdings (SPH), publisher of The Straits Times newspaper, and Singapore Exchange (SGX) to jointly calculate Singapore's main stock market benchmark. 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), warrants, futures and other derivatives. FTSE Russell is the index administrator.

All changes from this review will be made effective from start of trading on Monday 22 June 2020. The next review will take place in September 2020. The indexes are reviewed quarterly in accordance with the index ground rules and to facilitate 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.

Further information on the FTSE ST Index Series, including all additions and deletions as well as ground rules, is available at https://www.ftserussell.com/products/indices/SGX-ST

Attachments

FTSE_STI_Index Series_Quarterly_Review_Jun20.pdf
Total size =165K