OREANDA-NEWS. The FTSE ST Mid Cap Index is made up of 50 constituents, these are the stocks that make up the next largest and liquid stocks that follow the stocks of the Straits Times Index (STI). The five largest capitalised mid cap stocks – Keppel Land, UOL Group, CapitaCommercial Trust, Yangzijiang Shipbuilding and Suntec REIT are on the reserve list of the STI.

The corporate side of the index is widely diversified with businesses involved in nine sectors categorised by Global Industry Classification Industry (GICS) – consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, telecommunication services and utilities.

As of Thursday close, the average price return of these 50 constituents came to 4.2% with dividends extending the average total return to 4.7% in the year-to-date. As an index, the FTSE ST Mid Cap Index has generated a 4.9% price gain, with dividends boosting that return to 5.6% over the period.

The ten largest capitalised companies in the FTSE ST Mid Cap Index represent about half of the nine industries represented in the FTSE ST Mid Cap Index. Together these ten constituents averaged a 6.1% price return with dividends extending that return to 6.5% in the year thus far. In terms of total return in the year-to-date, Keppel Land has the highest price gain of 32.5%, followed by Neptune Orient Lines with 20.2%, and Biosensors International with 14.5%.

The table below details the individual performances as well as an educative example in order to achieve balanced exposures across the relevant Mid Cap stocks. Please do note this is based on prices this week and does not take into account transaction fees.

STI Mid Cap Stocks Example

Name SGX Code Mkt. Cap.in S\$ mm P/E Div. Yld.in % Price S\$ Shares to Attain Portfolio Balance Investment Amount S\$ % of Total
Keppel Land Limited
17 7,000.2 9.3 3.1 4.53 1359 6,156.27 0.22
UOL Group Limited
 U14 5,684.4 9.0 2.1 7.22 722 5,212.84 0.19
CapitaCommercial Trust
C61U 5,304.0 12.0 4.7 1.80 3060 5,508.00 0.20
Yangzijiang Shipbuilding (Holdings) Ltd.
BS6 4,828.1 6.5 3.9 1.26 4284 5,397.84 0.20
Suntec Real Estate Investment Trust
T82U 4,749.8 15.1 4.9 1.89 2835 5,358.15 0.19

Source: SGX StockFacts *Price as of last close

The portfolio consists of the five largest capitalised Mid Cap stocks. Based on this week’s prices, an investment that was close-to-evenly balanced in exposure to the aforementioned Mid Cap stocks portfolio would require S\$27,633.10.

My First Stock Carnival

Singapore Exchange (SGX) will hold its first-ever SGX My First Stock Carnival, as part of a campaign to educate new investors and encourage them to start investing. The campaign comprises a fun-filled carnival this weekend (6 to 8 February), digital initiatives including an interactive online tool, the launch of SGX Mobile App as well as a weekly radio programme at Cathay Cinleisure @ Somerset (next to Starbucks).