Stocks on the reserve list will replace any constituents that become ineligible as a result of corporate actions before the next review, which will take place in March 2020.
SINGAPORE (Dec 5): Mapletree Logistics Trust (MLT) will be added as a constituent of the benchmark Straits Times Index (STI) – replacing Golden Agri-Resources (GAR) – in the only change following a December quarterly review, FTSE Russell announced on Dec 5.
The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be, in order of size, Suntec REIT, Mapletree Industrial Trust, Keppel REIT, Mapletree North Asia Commercial Trust and NetLink NBN Trust.
