MAPLETREE Industrial Trust will join the benchmark Straits Times Index (STI) from June 22, replacing Singapore Press Holdings (SPH), following the latest quarterly review of the STI by FTSE Russell.
The STI reserve list, comprising the five highest-ranking non-constituents by market cap, are mostly made up of real estate investment trusts (Reits). In order of size, they are 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. The next quarterly review of the STI will take place in September 2020.
The STI, Singapore’s main stock market benchmark is jointly calculated by FTSE Russell, the index administrator; SPH, which publishes The Business Times; and the Singapore Exchange (SGX).
More at https://www.businesstimes.com.sg/companies-markets/mapletree-industrial-trust-to-replace-sph-in-sti
The STI reserve list, comprising the five highest-ranking non-constituents by market cap, are mostly made up of real estate investment trusts (Reits). In order of size, they are 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. The next quarterly review of the STI will take place in September 2020.
The STI, Singapore’s main stock market benchmark is jointly calculated by FTSE Russell, the index administrator; SPH, which publishes The Business Times; and the Singapore Exchange (SGX).
More at https://www.businesstimes.com.sg/companies-markets/mapletree-industrial-trust-to-replace-sph-in-sti