FTSE ST Index Series

FTSE has signed a cooperation agreement with Singapore Press Holdings (SPH) and the Singapore Exchange (SGX) to relaunch the Singapore stock market's main benchmark, the Straits Times Index (STI), and create a comprehensive series of stock indices for the Singapore market. The indices allow investors to measure and invest in the major capital segments of the Singapore market and facilitate cross-border analysis and comparisons.

Following the launch of the FTSE ST Catalist Index in June 2009, the FTSE ST Index Series has been further expanded to include FTSE ST Maritime Index, a new sector themed index that provides investors with transparent and cost-efficient way to access Singapore’s prosperous maritime industry.

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:

• 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 All Share Index

  All companies within the top 98% by full market capitalisation of the SGX Main Board 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 Top Index

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

• FTSE ST China Index

  A broader 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

• FTSE ST Catalist Index

  The FTSE ST Catalist Index aims to raise the profile of growth companies listed on Singapore's SGX Catalist market and offers investors a tracking tool for the performance of Catalist sponsored companies.

• FTSE ST Maritime Index

  The FTSE ST Maritime Index aims to capture the performance of companies that have a substantial proportion of their revenue from maritime related activities. Stocks included in the index must have at least 55% of their revenue from the manufacturing, ownership, operation and repairing of commercial / cargo vessels.

The FTSE ST Maritime Index aims to capture the performance of companies that have a substantial proportion of their revenue from maritime related activities. Stocks included in the index must have at least 55% of their revenue from the manufacturing, ownership, operation and repairing of commercial / cargo vessels.