Straits Times Index to add Mapletree Logistics Trust, cut Golden Agri

Stock ticker at SGX building on Shenton Way; taken October 2018.Stock ticker at SGX building.

After the quarterly review, the Straits Times Index will remove Golden Agri as a constituent and add Mapletree Logistics Trust, FTSE Russell said in a filing to SGX Thursday.

The STI reserve list, which is the five highest-ranking non-members of the index by market capitalization, comprises, in descending order, Suntec REIT, Mapletree Industrial Trust, Keppel REIT, Mapletree North Asia Commercial Trust and NetLink NBN Trust, the index provider said.

Reserve list stocks replace any index members which become ineligible before the next review, the filing said.

The publisher of the Straits Times newspaper, Singapore Press Holdings (SPH), SGX and FTSE jointly calculate the benchmark stock index, the filing said.

The next review will be in March, the filing said.