FTSE ST Index Series

FTSE has signed a cooperation agreement with the Singapore Exchange (SGX) and Singapore Press Holdings (SPH) to relaunch the Singapore stock market's main benchmark, the Straits Times Index (STI), and create a new, comprehensive series of stock indices for the Singapore Market.

Launched on 10 January 2008, the new indices allow investors to measure and invest in the major capital segments of the Singapore market for the first time, and facilitate cross-border analysis and comparisons.

With the adoption of FTSE’s market-leading international index methodology and the application of FTSE’s cutting edge free float weighting and liquidity screening, the existing market benchmark is now more transparent, investable and easy to trade.

The new family of indices can be used as the basis for trading and benchmarking of financial products, such as institutional and retail funds, exchange traded funds, derivatives contracts and other financial products.

The family includes:

• FTSE ST All Share Index

  All companies within the top 98% by full market capitalisation of the SGX Main Board that pass the relevant investability screens

• Straits Times Index (STI)

  The top 30 companies of the SGX Main Board universe, ranked by full market capitalisation, that pass the relevant investability screens

• FTSE ST Mid Cap Index

  The next 50 companies by full market capitalisation of the SGX Main Board universe, that are not large enough to be constituents of the STI, and that pass the relevant investability screens

• FTSE ST Small Cap Index

  Companies within the top 98% by full market capitalisation of the SGX Main Board, that are not large enough to be constituents of the STI and FTSE ST Mid Cap Index, and that pass the relevant investability screens

• FTSE ST Fledgling Index

  The remaining 2% of the companies of the SGX Main Board that are too small to be included in the FTSE ST All-Share Index. These companies will be free float adjusted but not screened for liquidity

• FTSE ST China Index

  A China-play index including Chinese companies that are members of the FTSE ST All-Share Index

• FTSE ST All Share Sector Indices

  13 Sector Indices based on the internationally recognised “Industry Classification Benchmark” (ICB) created by FTSE in partnership with Dow Jones Indexes