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FLCT could replace Jardine Strategic in Straits Times Index: CGS-CIMB

Felicia Tan
Felicia Tan • 3 min read
FLCT could replace Jardine Strategic in Straits Times Index: CGS-CIMB
CGS-CIMB has also continued its "hold" recommendation on Jardine Matheson, with an unchanged target price of US$54.68.
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Frasers Logistics & Commercial Trust (FLCT) could replace Jardine Strategic as a constituent in the next review of the Straits Times Index (STI) in June, says CGS-CIMB Research analyst Lim Siew Khee.

TAGS
Singapore Strategy
CGS-CIMB Research
Straits Times Index (STI)
Straits Times Index (STI)
Jardine Matheson Holdings
Jardine Strategic Holdings

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