The Straits Times Index (STI) is the main stock market index in Singapore, representing the performance of the 30 largest and most liquid companies listed on the Singapore Exchange (SGX). The index serves as a benchmark for investors to track the overall performance of the Singapore stock market and is widely regarded as the key barometer of the country's economic health.
The STI is a market capitalization-weighted index, which means that each company's weight in the index is proportional to its market capitalization (the total value of its outstanding shares). This methodology ensures that larger companies have a more significant impact on the index's movement compared to smaller companies.
The index is reviewed and rebalanced semi-annually, typically in June and December, to ensure that it remains representative of the Singapore stock market. During the review process, constituents may be added or removed based on factors such as market capitalization, liquidity, and free float (the proportion of shares available for trading).
The STI was launched in 1966, and its base level was set at 100 points. Over time, the index has undergone several adjustments to better reflect the evolving market landscape. Today, the STI is calculated and maintained by FTSE Russell, a leading global index provider.
Investors can gain exposure to the STI through various investment products, such as index funds and exchange-traded funds (ETFs) that track the performance of the index. By investing in these products, investors can access a diversified portfolio of Singapore's top companies and participate in the country's economic growth.
Below is a list of The Straits Times Index (STI) components:
C09.SI
J36.SI
O39.SI
BN4.SI
F34.SI
U11.SI
S58.SI
Z74.SI
H78.SI
S63.SI
N2IU.SI
U14.SI
M44U.SI
9CI.SI
BS6.SI
C52.SI
EMI.SI
AJBU.SI
V03.SI
YF8.SI
A17U.SI
D05.SI
U96.SI
C07.SI
ME8U.SI
Y92.SI
D01.SI
C38U.SI
G13.SI
BUOU.SI
Comments