The Business Times
business-time-50

ComfortDelGro dropped from STI, replaced by liquor giant Emperador

google-preferred-sourceAdd BT as a preferred source
Raphael Lim

Raphael Lim

Published Thu, Sep 1, 2022 · 06:22 PM
    • At the listing of Emperador on the Singapore Exchange on July 14 were, from left, George Schulze, Dalmore whisky expert for Asia at Emperador; Bryan Donaghey, chief executive of Whyte & Mackay and head of the whisky business at Emperador; Loh Boon Chye, SGX chief executive; Dr Andrew Tan, chairman of Emperador; Gerard Ho, Singapore’s Ambassador to the Philippines and Kevin Andrew Tan, director of Emperador.
    • At the listing of Emperador on the Singapore Exchange on July 14 were, from left, George Schulze, Dalmore whisky expert for Asia at Emperador; Bryan Donaghey, chief executive of Whyte & Mackay and head of the whisky business at Emperador; Loh Boon Chye, SGX chief executive; Dr Andrew Tan, chairman of Emperador; Gerard Ho, Singapore’s Ambassador to the Philippines and Kevin Andrew Tan, director of Emperador. PHOTO: SGX

    TRANSPORT company ComfortDelGro has been dropped from the Straits Times Index (STI) in the latest quarterly review, with recently-listed Emperador replacing it on the benchmark index.

    The change to the STI, which tracks the performance of the 30 largest and most liquid companies listed on the Singapore Exchange (SGX), takes effect at the start of business on Sep 19, FTSE Russell said in a statement on Thursday (Sep 1).

    Companies gain entry into the STI at quarterly reviews if they rank 20th or higher among eligible securities by full market capitalisation; conversely, those that rank 41st or below among all eligible securities are deleted from the list.

    Straits Times IndexComfortDelGro

    TRENDING NOW

    Transport Minister and Second Minister for Finance Jeffrey Siow announced the second tranche of assistance measures in response to the Middle East situation on Jul 29.

    Extra S$300 in CDC Vouchers, U-Save rebates for households as part of S$900 million support package

    From left: Senior Minister of State for Trade and Industry Low Yen Ling with Second Minister for Finance Jeffrey Siow announcing the second tranche of assistance measures.

    Singapore rolls out S$900 million support package for businesses, households in light of Iran war

    The platform comprises five separate agents that will cut down time for the bank, from the current industry median of around six weeks.

    OCBC to cut wealth onboarding to 15 business days with agentic AI; simple cases in one day

    Yeoh Pei Xien is the youngest grandchild of Yeoh Tiong Lay, who founded Malaysian multinational conglomerate YTL Corporation.

    Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More