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68281-68300 of 69565
Perhaps the following quote from the Business Times website can provide the answer.
"Apply a weight based on their respective free float percentage, to the constituents".
My thought is when Singapore become a Gobal City, more foreigners/ Foreign Companies would brought hse or office space. Which is why postive sentiment from various local property developers. Which is why, various property counters took turn to rally up, like WingTai,Ho Bee, SC Gobal so STI Property counters worth to take a look.
* Allgreen Properties Limited (0.45)
* CapitaLand Limited (0.35)
* City Developments Limited (0.50)
* Hongkong Land Holdings Limited (0.55)
* Keppel Land (0.45)
* United Overseas Land Limited (0.60)
* Wing Tai (0.50)
Just my thought only.
iPunter : Thank you very much
I notice that Singapore Press Holdings Limited (1.00) Total Access Communications (0.15) :
Does this mean that if SPL moves, the impact on STI is greater than similar movement of TAC ?
Of what significance is this weightage thing ?
Or would you say : don't read too much into this weightage thingy ?
If tonight's Dow spikes down below yesterday's low...
it could be proof that the moon does have it's subtle effect on human action (selling/feeling in bearish mood).
I noticed from an article in Business Times, under the Broker Take Corner. The comment given by GOLDMAN SACHS on 28 Mar 2007, on Asean profile strategy. Singapore is their top choice. Another news from CNA on 02 Apr 2007, that Saudi Billionaire prince wanted to invest in Asia and Singapore is one of the stop for his tour of Asia countries. I think our govt would not want to miss this chance of wooing him. With the two IRs and possibly F1 race and MM's recent speech that Singapore is going to be in the top half of developed countires. Its worth investing in good solid blue chips, but along the way there will still be risk of Gobal Economy downturn that will affect the STI. So invest within our means and I believe, we can all achieve what ever goals we hope for.
Seems like no strength to push the rally liao...
Full moon today-sell
Massive sell off in noon - most taking profits in this volatile period
Sudden drop in STI after lunch. Why huh?
Index formula
The index is calculated by the formula:
I_t = \frac { \,^{P_n} P_t Q_t W_t} {D_t}
Where
* It = Index
* PN = Summation over N stocks
* Pt = Price * Qt = Number of shares issued
* Wt = Weight (dependent on free float, usually equals 1)
* Dt = Divisor
The weightage in the individual stocks show their relative influence in the index (of that particular grouping).
and ..oh..yah ..how do you play with the weightage numbers ... what is the significance of the weightage numbers ?
iPunter : Thank you very much for ur info.
The reason why I asked that question was to help me with screening for a handful of stocks for monitoring/watching and practise TA on them live , on top of whatever tips that gets dropped in SJ from forummers.
Open to any other inputs. Thank you.
List of index stocks...
Weight factor of each stock is provided in brackets (last revised by Singapore Press Holdings on 1 February 2007)
Commerce...
* Jardine Cycle and Carriage Limited (0.35)
* Jardine Matheson Holdings Limited (0.30)
* Jardine Strategic Holdings Limited (0.20)
* Noble Group Limited (0.30)
* Olam International (0.30)
Finance...
* DBS Bank Group (0.70)
* Oversea-Chinese Banking Corporation (0.75)
* Singapore Exchange (1.00)
* United Overseas Bank (0.80)
Manufacturing...
* Chartered Semiconductor Manufacturing (0.50)
* Creative Technology (0.70)
* Fraser and Neave Limited (0.70)
* Jurong Technologies Industrial Corporation Limited (0.25)
* People's Food Holdings Limited (0.55)
* SembCorp Marine Limited (0.35)
* Singapore Petroleum Company Limited (0.35)
* Singapore Press Holdings Limited (1.00)
* StatsChipPac (0.70) * Thai Beverage (0.20)
* United Test and Assembly Center (0.75)
* Venture Corporation Limited (0.50)
* Want Want (0.30) [edit] Multi-Industry
* Keppel Corporation Limited (0.70)
* SembCorp Industries Limited (0.45)
* ST Engineering (0.35)
Property...
* Allgreen Properties Limited (0.45)
* CapitaLand Limited (0.35)
* City Developments Limited (0.50)
* Hongkong Land Holdings Limited (0.55)
* Keppel Land (0.45)
* United Overseas Land Limited (0.60)
* Wing Tai (0.50)
REIT...
* Ascendas REIT (0.65)
* CapitaCommercial Trust (0.35)
* CapitaMall Trust (0.40)
* Suntec REIT (0.75) [edit] Service
* Datacraft Asia Limited (0.45)
* Genting International (0.25)
* Hyflux Limited (0.45)
* Parkway Holdings (0.55)
Transport, Storage and Communications...
* COSCO Corporation (Singapore) Limited (0.35)
* ComfortDelgro (0.80)
* Labroy Marine (0.35)
* MobileOne (0.40)
* Neptune Orient Lines (0.30)
* SembCorp Logistics Limited (0.30)
* Singapore Airlines (0.45)
* Singapore Post (0.60)
* Singapore Telecommunications (0.45)
* StarHub (0.35)
* Total Access Communications (0.15)
Enjoy... :)
The Straits Times Index (STI) is a market value-weighted stock market index based on the stocks of 50 representative companies listed on the Singapore Exchange.
Launched in the wake of a major sectoral re-classification of listed companies by the Singapore Exchange, which saw the removal of the "industrials" category, the STI replaced the Straits Times Industrials Index (STII), and began trading 1 September 1998 at 885.26 points, in continuation of where the STII left off. Then, it represented 78% of the average daily traded value over a 12-month period and 61.2% of total market capitalisation on the exchange.
Constructed by the Singapore Press Holdings, the Singapore Exchange and Professor Tse Yiu Kuen from the Singapore Management University, it comes under formal review at least once annually, and may also be reviewed on an ad-hoc basis when necessary. One such review, for instance, raised the number of stocks from 45 to 50, which took effect when trading resumed on 18 March 2005. This change reduced the index representation of the average daily traded value to 60%, while increasing its total market capitalisation to 75%.
New additions to be included after 5 Feb 2007 include Thai Beverage, Suntec REIT, Olam, Genting International, Labroy Marine and CapitaCommercial Trust. BIL, Dairy Farm, Haw Par Corporation and TPV Technology will be removed from the list. With these changes, the 50 stocks at STI will capture 51 percent of the average daily value traded on the Singapore Exchange (SGX) and 64% of the market value of stocks listed on SGX.
Can someone kindly help me with component shares of STI :
Based on what criteria are these counters chosen to have the honour of being included in the STI ?
Thank you.
take note, Ausgroup is starting to move (read below posts) ....
Volumes seem pretty good today
That's enough for this STI thread!!!
When no more action is required....
That's when it's enough...
What and when is enough ? That's the question. 