CapitaMalls Asia has replaced Cosco Corp as a constituent stock of the STI.
The change comes after the latest half-yearly review of the index.
Meanwhile, the STI reserve list of the five highest ranking non-constituents of the index by market capitalisation are now, Keppel Land, Yangzijiang Shipbuilding, Ascendas Real Estate Investment Trust, Yanlord Land, and Parkway Holdings.
These firms will be waiting in the wings to replace any constituents of the index should any become ineligible at the next review in six months’ time.
Source : Channel NewsAsia – 11 Mar 2010
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