New revamped STI will be launched this thursay, 10/01/08, comprising 30 blue chips instead of the previous 47. 21 will leave while 4 new ones added, namely wilmar, yzj, yanlord and SIA engg. 18 other FTSE indexes will also be launched including FTSE ST Mid Cap, FTSE ST China Index, FTSE ST Small Cap...
Excited?? These new indexes will better reflect performance of overall sectors and allow investors to monitor sectors easily. What's more? New deriavative products will be launched depending on liquidity. Implications? You'll have to find out...=)
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