Singapore, 31 January 2007 - Following the latest scheduled
review of component stocks of the Straits Times Index (STI), the following
changes will be made at the start of trading on Monday, 5 February
2007:
- Four stocks will be replaced, viz. BIL International Ltd, Dairy
Farm International Holdings Ltd, Haw Par Corporation Ltd and TPV Technology
Ltd;
- Six stocks will be added to bring the number of components back to
50, viz. Thai Beverage Public Company Ltd, Suntec REIT, Olam International Ltd,
Genting International Public Ltd, Labroy Marine Ltd and CapitaCommercial Trust.
The main criterion used in this review of component stocks was liquidity
as measured by the average daily value traded over one year. Market
capitalisation and free float were also taken into account.
The weight
factors of several index stocks will also be updated on Monday, 5 February 2007
to reflect corporate actions that have taken place (see table
below).
With these changes, the 50 stocks in the STI capture 51% of the
average daily value traded on the SGX and 64% of the market capitalisation of
stocks listed on the SGX.
Name |
Current weight factor |
New weight factor | |
1 |
Allgreen Properties |
0.35 |
0.45 |
2 |
CapitaCommercial Trust |
- |
0.35 |
3 |
Datacraft Asia |
0.50 |
0.45 |
4 |
Genting International |
- |
0.25 |
5 |
Hyflux |
0.50 |
0.45 |
6 |
Jurong Technologies |
0.65 |
0.25 |
7 |
Labroy Marine |
- |
0.35 |
8 |
Olam International |
- |
0.30 |
9 |
Parkway Holdings |
0.80 |
0.55 |
10 |
Singapore Exchange |
0.90 |
1.00 |
11 |
Singapore Petroleum |
0.20 |
0.35 |
12 |
SingTel |
0.35 |
0.45 |
13 |
StarHub |
0.25 |
0.35 |
14 |
Suntec REIT |
- |
0.75 |
15 |
Thai Beverage |
- |
0.20 |
16 |
Total Access |
0.20 |
0.15 |
17 |
UOL Group |
0.45 |
0.60 |
18 |
Venture Corporation |
0.70 |
0.50 |
19 |
Wing Tai |
0.60 |
0.50 |