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Keppel DC REIT to replace Jardine C&C in latest STI review

The Edge Singapore
The Edge Singapore  • 1 min read
Keppel DC REIT to replace Jardine C&C in latest STI review
Photo: Keppel DC REIT
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The Straits Times Index will feature a heavier weightage of REITs - reflecting the growing popularity of this asset class.

Keppel DC REIT will replace Jardine Cycle & Carriage (SGX:C07) in the STI, following the latest quarterly review of Singapore's benchmark market index.

Keppel DC REIT units closed at $2.19 on June 5, down 0.9% year to date, giving it a market value of $4.95 billion.

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