No change to STI constituents

THERE are no changes to the Straits Times Index (STI) constituents following the December quarterly review.

The STI reserve list, comprising the five highest-ranking non-constituents of the STI by market capitalisation, will be, in order of size: Frasers Centrepoint Trust, Keppel Reit, NetLink NBN Trust, Olam International and Suntec Reit.

Stocks on the reserve list will replace any constituents that become ineligible as a result of corporate actions before the next review.

All constituent changes will take effect on Dec 20 and the next review will take place in March next year.

FTSE Russell partners with Singapore Press Holdings and the Singapore Exchange to jointly calculate the STI, Singapore's main stock market benchmark.

The indexes are reviewed quarterly in accordance with the index ground rules and to facilitate the inclusion of eligible initial public offering stocks.