A closer look at how the new indices differ from the benchmark Straits Times Index
[SINGAPORE] The new indices launched by the Singapore Exchange this week track the performance of the 50 largest and most liquid mainboard-listed companies that fall outside of the benchmark Straits Times Index (STI).
The new indices – iEdge Singapore Next 50 Index and the iEdge Singapore Next 50 Liquidity Weighted Index – have the same basket of 50 constituents but differ in weighting methodology.
The STI focuses on large-cap, blue-chip stocks, while the new indices capture the next tier of companies which are mid-cap.
Here’s a look – in five charts – on how else the indices differ.
