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Noble Group to be removed from STI; CapitaLand Commercial Trust will be added
COME March 21, Noble Group will be removed from the Straits Times Index, while CapitaLand Commercial Trust will be added.
FTSE Russell announced the changes on Thursday. It has partnered with Singapore Press Holdings - publisher of the Straits Times newspaper - and the Singapore Exchange (SGX) to jointly calculate the Singapore stock market's main benchmark.
The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be (in order of size): Suntec REIT, Neptune Orient Lines, First Resources, Singapore Post Ltd and Keppel REIT.
The indexes are reviewed half-yearly; the next review will happen on June 2.