The benchmark index of the Singapore Exchange (SGX). The purpose of the Straits Times Index is to reflect the daily trading activity of stocks on the SGX. On August 31, 1998, the Straits Times Index replaced the Straits Times Industrials Index (STII) and began trading where the STII ended, at 885.26. When stocks were reclassified on the SGX, the industrials category was eliminated.
Singapore Straits Times Index - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"Singapore Straits Times Index." YourDictionary. LoveToKnow. www.yourdictionary.com/singapore-straits-times-index.
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Singapore Straits Times Index. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/singapore-straits-times-index
