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WE REFER to the letter, '30-stock Straits Times Index: Poser for SGX' by Mr Liew Sing Hun (Online forum, Jan 28).
Singapore Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group (FTSE) launched the revamped Straits Times Index (STI) and the new FTSE ST Index Series to stimulate the development of index-related products to serve diverse market needs. This, in turn, offers investors wider investment choices and opportunities in the Singapore market.
With the revamp, SGX no longer calculates the STI on behalf of SPH. As a result, the STI values are no longer carried on SGX's datafeed as the index is now calculated and disseminated by FTSE. In order to receive the revamped STI values live, Teletext needs to redevelop some of its pages. We continue to work with Teletext on this matter.
Real-time intra-day values of the revamped STI and new FTSE ST Index Series are available on the following web sites:
SPH http://btstocks.asiaone.com/keyIndices.html
SGX http://www.sgx.com
NextView http://www.investasiaonline.com
ShareInvestor http://www.shareinvestor.com and http://www.listedcompany.com
FTSE also displays the end-of-day index values on its website at http://www.ftse.com/st
Lai Kok Leong
Vice-President & Head, Data Services
SGX
Ignatius Low
Money Editor, The Straits Times
SPH
Melvyn Lee
Director, Partnerships
FTSE
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