Small Mid Cap Strategy

By John Cheong, UOBKH

Identifying The Constituents Of Upcoming Mini STI Index

The SGX will be launching a new index that tracks next tier of large and liquid companies to better showcase Singapore’s broader equity market. We expect this move to benefit most of the small mid cap stocks.

We have identified a potential list of 39 Mini STI constituents by adopting three similar screening criteria for STI construction: a) market cap of >S$1b, b) free float of >15% and c) liquidity requirement.

Our top picks in the Small Mid Cap sectors are Food Empire, Sheng Siong, CSE Global, China Sunsine, Marco Polo Marine and Valuetronics

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