In today’s briefing:
- STI Index Rebalance Preview (March 2022): Olam Could Replace ComfortDelGro
STI Index Rebalance Preview (March 2022): Olam Could Replace ComfortDelGro
- The next FTSE Straits Times Index rebalance will use data from the close on 21 February. The changes will be announced on 3 March and become effective post 18 March.
- Based on data from 7 January, we see Olam International (OLAM SP) replacing Comfortdelgro Corp (CD SP) in the index. The estimated impact on the stocks is quite high.
- Olam International (OLAM SP)‘s market cap needs to stay ahead of City Developments (CIT SP) and Mapletree Commercial Trust (MCT SP) over the next six weeks for index inclusion.
Before it’s here, it’s on Smartkarma
