Straits Times Index posts 9.4% in total returns for 2019: SGX

Singapore

THE Straits Times Index (STI) ended 2019 at 3,222.8, generating a 9.4 per cent total return, up 5 per cent from 2018's close of 3,068.8, thanks to a boost from reinvestment of dividends, according to a report by the Singapore Exchange (SGX) on Thursday.

Last year, Mapletree Commercial Trust and Mapletree Logistics Trust joined the STI in September and December respectively. Had the two Reits (real estate investment trusts) been included from the start of 2019, the STI would have yielded higher total returns of 11 per cent, based on their index weighting an average total returns of 49…