New rules put spotlight on Jardine stocks

Singapore

FROM September, the Straits Times Index (STI) constituents must be more actively traded to be part of the benchmark.

This puts the spotlight on the stable of companies under the Jardine group that have been on the STI for years despite their stocks being traded thinly.

Under the new rule, the securities that would be considered for the benchmark must have a trading volume that is at least 0.1 per cent …