Q1: What is FTSE STI?
A1: FTSE, Singapore Press Holdings (SPH) and Singapore Exchange (SGX) jointly calculate the Singapore stock market's main benchmark, the Straits Times Index (STI), and to create a comprehensive series of stock indices for the Singapore market.
Q2: What is FTSE ST Mid Cap Index?
A2: The next 50 companies by full market capitalization of the SGX Mainboard universe, that are not large enough to be constituents of the STI, and that pass the relevant investability screens.
Q3: What is FTSE ST Small Cap Index?
A3: Companies within the top 98% by full market capitalization of the SGX Mainboard, that are not large enough to be constituents of the STI and FTSE ST Mid Cap Index, and that pass the relevant investability screens.
Q4: Why not STI index shares?
A4: Invest in STI index shares mostly need huge capital investment and they are big companies and no much room for growth. Nevertheless, this may be a good place to diverse your portfolio when your capital grow to, let say S$100k.
Q5: Why mid cap or small cap?
A5: Mid cap and small cap are relatively established and still have room to grow. They are more actively traded so that you can buy or sell freely. Mid cap's market capital (share price x no. of shares) is between $730m to $6,000m with share price of $0.106 to $7.18. Small cap's market capital is between $70million to $1,200million with share price of $0.026 to $2.07.
Personally I prefer mid cap than small cap because mid cap has more companies that I am more familiar like M1, SingPost, FCT etc. Don't anyhow buy any Kucing Kurap just because they are cheap. Yes, the share price can double from $0.010 to $0.020 but it is relatively less stable.
I am using sharesinv.com and shareinvestor.com as my analysis platform. You can register for free to join but only limited information is available. You can pay subscription for more functions and information. Sharesinv is S$7 per month or $70 per year. Shareinvestor is S$126 per year. You can access the component of FTSE ST Small Cap or FTSE ST Mid Cap as shown below.
Ok, you have your 154 shopping list. 50 from Mid Cap and 104 from Small Cap. No, don't start clicking company 1 by 1. I will share how to filter non-profitable companies in next post.
No comments:
Post a Comment