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CapitaLand Ascott Trust, Sheng Siong Group to replace Olam Group, Yangzijiang Financial on STI reserve list
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CapitaLand Ascott Trust and Sheng Siong Group will join the Straits Times Index (STI) reserve list, replacing Olam Group and Yangzijiang Financial after the December quarterly review. The STI reserve list includes the five highest-ranking non-constituents by market capitalization. Changes take effect on Dec 22, with the next review in March 2026. The STI is used for financial products like ETFs and is reviewed quarterly. CapitaLand Ascott Trust shares closed at S$0.94, while Sheng Siong shares fell 0.8% to S$2.62.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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