STI Top 30

We tend to throw around the term index all over the place. However do we actually understand what index are we talking about and what is it made of?

In our article “How Diversified Are Market Indexes” we touched on the Straits Times Index (“STI”) – the go to index for the Singapore market which comprised of the top 30 stocks by market capitalization.

With our recent articles on STI constituents brought to us by Willie on companies like Singapore Technologies Engineering Ltd (SGX:S63) “Check Out the 4 Main Businesses of Singapore Technologies Engineering (SGX:S63)!” and SIA Engineering Company Ltd (SGX:S59) “Is SIA Engineering Company Ltd’s (SGX:S59) Dividend Yield Sustainable?” we thought that it would be fitting to introduce to you the 30 constituents / companies that made up the STI!

Without further ado, we will jump straight into the main course by presenting to you the 30 companies:

STRAITS TIMES INDEX CONTITUENTS (NOV 25, 2014)
S/N COMPANY
1 Ascendas REIT
2 CapitaLand Limited
3 CapitaMall Trust
4 City Developments Limited
5 ComfortDelGro Corporation Limited
6 DBS Group Holdings Ltd
7 Genting Singapore PLC
8 Global Logistic Properties Ltd
9 Golden Agri-Resources Ltd
10 Hongkong Land Holdings Limited USD
11 Hutchison Port Hldg Trust USD
12 Jardine Cycle & Carriage Limited
13 Jardine Matheson Holdings Limited USD
14 Jardine Strategic Holdings Limited
15 Keppel Corporation Limited
16 Noble Group Limited
17 OCBC Bank
18 Olam International Ltd
19 Sembcorp Industries Ltd
20 Sembcorp Marine Ltd
21 Singapore Exchange Limited
22 Singapore Telecommunications Limited
23 Singapore Airlines Limited
24 SIA Engineering Company Limited
25 Singapore Press Holdings Limited
26 StarHub Ltd
27 Singapore Tecnologies Engineering Ltd
28 Thai Beverage Public Company Limited
29 United Overseas Bank Ltd
30 Wilmar International

A more detailed list is available here on Google Drive with the market capitalization and a brief description of the business that each of the 30 companies are in!

An interesting fact was that Singapore Telecommunication Limited (SGX:Z74) had the largest market capitalisation of 62.66bil. This was approximately over 10% of the STI!

 

Value In Action

We hope that this list would spur your interest in finding more about what exactly makes up an index!

This list would be updated in future to show how these 30 counters have performed over the years!

 

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We will only provide you with information relevant to value investing. You can unsubscribe at any time. Your contact details will be safeguarded.The information provided is for general information purposes only and is not intended to be any investment or financial advice.

All views and opinions articulated in the article were expressed in Mun Hong’s personal capacity and do not in any way represent those of his employer and other related entities. Mun Hong does not own any shares in the companies mentioned above.

 

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