Two of the four shares excluded from the MSCI Singapore Index – Singapore Press Holdings Ltd. and Sembcorp Industries Ltd. – became over-sold on a technical indicator Friday, while ComfortDelGro Corp. and SATS Ltd. traded close to that territory, according to data compiled by Bloomberg.
(June 1): Four Singaporean blue-chip stocks lost a combined market capitalization of S$863 million on Friday amid record volumes after MSCI Inc. deleted them from its benchmark for the city-state’s largest stocks.
See also: SGX reduces licence agreement with MSCI from February 2021
