Catalist board will see 11 new inclusions to its index on March 21

The Singapore Exchange head office in Singapore.
The Singapore Exchange head office in Singapore.PHOTO: REUTERS

SINGAPORE - Following a semi-annual review of the FTSE ST Index Series, 11 stocks have been selected to join the FTSE ST Catalist Index effective March 21.

They include Secura Group, Eindec Corporation and GS Holdings, all of which made their trading debut in January.

These 11 stocks have a combined market capitalisation of S$733 million.

Among them are OLS Enterprise, Transcorp Holdings and Jumbo Group - the three strongest performers in terms of year-to-date total return - at 16.7 per cent, 12.4 per cent and 8 per cent, respectively.

The FTSE ST Catalist Index is currently made up 160 companies listed on SGX Catalist. The index is a free float adjusted market-capitalisation weighted index, representing the performance of sponsored companies in the SGX Catalist.

There are no liquidity requirements for constituents.

The index has averaged a total return of minus 6.9 per cent so far this year.

The two biggest sectors that are represented by the index are the industrials sector, with a 27 per cent weighting and healthcare, with a 21 per cent weighting.

The full list of the 11 new inclusion can be found at: http://www.sgx.com/wps/wcm/connect/sgx_en/home/newsflash/mu_07032016_1