Effective 24 June 2013, Suntec Real Estate Investment Trust, will join the reserve list of the Straits Times Index. This is after a quarterly review done to the STI.
The five companies in the reserve list, as of 24th June 2013, are:
- Ascendas Real Estate Investment Trust
- Keppel Land Limited
- UOL Group Limited
- CapitaCommercial Trust
- Suntec Real Estate Investment Trust
The companies above will replace any current STI constituent that becomes ineligible as a result of corporate actions prior to the next review.
The average full market capitalisation of the stocks/REITs in the reserve list is around S$4.8 billion. The average full market capitalisation of the stocks in the STI is currently around S$17.8 billion.