STRAITS TIMES INDEX (STI)
The STI comprises the top 30 blue-chip companies on the SGX Mainboard ranked by market capitalisation and which have passed the selection criteria outlined below.
• Free Float. The free float of a listed company must be greater than 15%. The definition of "free float" includes portfolio investments, nominee holdings and holdings by investment companies.
• Liquidity. A stock must trade with a median daily turnover value of at least 0.05% of the value of its free float-adjusted shares in issue for at least 10 out of the last 12 months.
The constituents of the STI are reviewed semi-annually in accordance with a set of publicly available Ground Rules which can be found here.
An advisory committee comprising of market practitioners, and/or representatives from SPH, SGX and FTSE undertakes the reviews.
TRADING THE STI
Retail investors can take a position on where they believe the broad market is trending through 3 types of financial instruments that are constructed on the STI – STI Futures, STI Structured Warrants and STI Exchange Traded Funds.
Trading in index products allows an investor to diversify his portfolio quickly. Depending on the position the investor takes, such instruments offer opportunities to profit from market fluctuations in either direction. Click on the following instrument names for more information:
STI Futures,
STI Structured Warrants,
STI Exchange Traded Funds.
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Press releases on FTSE ST Indices:
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