SPH dropping out of STI shows how yield-driven S’pore stock market is, say analysts

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SPH to be removed from Straits Times Index, replaced by Mapletree Industrial TrustSINGAPORE — Media company Singapore Press Holdings (SPH) will be removed as one of the constituents of the Straits Times Index — the benchmark index for the Singapore stock market. It will be replaced by Mapletree Industrial Trust, one of several real estate investment trusts (Reits) under the Mapletree real estate conglomerate.
Source: TODAYonline - 🏆 1. / 99 Read more »

Singapore stock watch: Singtel, CapitaLand, Mapletree Industrial Trust, SPH, Oxley, CreativeSINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their shares on Friday (June 5):. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Mapletree Industrial Trust replaces SPH in Straits Times IndexSINGAPORE - Mapletree Industrial Trust has replaced Singapore Press Holdings (SPH) in the Straits Times Index (STI) after the June quarterly review, FTSE Russell announced on Thursday (June 4).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Singapore shares advance at Thursday's open; STI up 1.3%SINGAPORE shares opened on a firm footing on Thursday, in line with the rest of Asia, as investors pinned their hopes on a swift rebound in economies as Covid-19 lockdown measures ease. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

SPH’s replacement with a Reit shows how yield-driven S’pore stock market is, say analysts
Source: TODAYonline - 🏆 1. / 99 Read more »

The Straits Times @STcomTHE BIG STORY: S’pore reports 15 new Covid-19 community cases | Fortitude Budget debate kicks off in Parliament | Significance of S’pore-China travel ‘fast lane’ | ChildAid concert goes online The SG community infection cases have been doubled and doubled in the past three days. Why SG opens fast lane with China when situation is not under control? It will ruin efforts of all Singaporean in the past months.
Source: The Straits Times - 🏆 8. / 63 Read more »