Potential listing of Sea on MSCI Singapore will bring tech exposure and visibility to Republic
Allowing foreign listings in the index in line with other global indices that factor in new economy sector
Add BT as a preferred source
Singapore
US-LISTED Sea will be eligible for inclusion in the MSCI Singapore Indices from the May semi-annual index review (SAIR). The inclusion of a large tech counter could be positive news for Singapore, as it brings the index in line with other global indices that already have exposure to the new economy sector, said analysts The Business Times spoke to.
"It's almost a sure thing that Sea will be included in the MSCI Singapore in May," said Brian Freitas, an analyst who publishes on Smartkarma, adding that the tech giant would likely be the largest index weight.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
In a world of long-drawn crises, ‘wait and see’ may be a decreasingly tenable stance
SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares
The returnees: Inside China’s AI talent reversal
