Staff Reporter
,
Singapore
Photo from Emperador
It will join the index with an indicative weight of 0.4%
Emperador will debut on the Strait Times Index on 19 September, the Singapore Exchange (SGX) announced.
The SGX-listed Philippine-based liquor company will join the index with an indicative weight of 0.4%.
With Emperador’s inclusion in the STI, the total number of stocks representing the consumer non-cyclical sector will rise to four, with a combined indicative sector weightage of 6%.
Earlier, the SGX announced that Emperador will replace ComfortDelGro in the index.
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