FTSE ST Fledgling Index’s Five Best-Performing New Constituents Avg 21% YTD Gain
In FTSE’s latest semi-annual review of its ST Index series, 20 component stocks were added to the FTSE ST Fledgling Index, while 8 were removed. After changes that took effect on 19 March, the Fledgling Index now comprises 219 stocks, with a combined market capitalisation of S$25.7 billion. In the 2018 year-to-date, the five best-performing inclusions to the FTSE ST Fledgling Index were: APAC Realty (36.0%), Blumont Group (33.3%), Cityneon (14.4%), Sarine Technologies (13.0%) and Debao Property (8.7%).