Not quite there: STI’s 2Q14 review quashes aims of hopefuls

It’s better luck next quarter for five top companies.

A spot on the elite Straits Times Index constituents remains elusive for five top companies, as the Singapore Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group (FTSE) announced today that STI constituents will remain unchanged following the conclusion of its quarterly review.

The STI reserve list is made up of its five highest-ranking non-constituents. Arranged in order of market capitalization, these are Keppel Land, UOL Group, CapitaCommercial Trust, Suntec REIT and Yangzijiang Shipbuilding Holdings.

Companies in the reserve list will replace any constituents that become ineligible as a result of corporate actions before the next review, which is scheduled for 4 September 2014.