Many traders and investors don't realize how important the Singapore stock markets are these days. Lately, the Nikkei 225 Index (Japan) has been dominating the headlines as it makes new 52-week highs on a daily basis. The Shanghai Index (China) also receives a lot of attention by investors as China has become a manufacturing powerhouse over the past 10 years. What most people do not realize, though, is that the Singapore markets are also extremely important and should be followed.
- Singapore has become a major financial hub in Asia. Many hedge funds and other large financial institutions are now based in Singapore. There are also many wealthy individuals such as famed investor Jim Rogers and others have relocated to the area. In 2011, Facebook co-founder Eduardo Saverin renounced his U.S. citizenship. This move saved him hundreds of millions of dollars in taxes from the Facebook initial public offering. After all, Singapore does not have a capital gains tax, this makes the country very attractive for wealthy individuals.
- The FTSE Straits Times Index (STI) is a capitalization-weighted stock market index that is regarded as the benchmark index for the Singapore stock market. It tracks the performance of the top 30 companies listed on the Singapore Exchange.
- Capitaland Ltd
- CapitaMall Trust
- CapitaMalls Asia Ltd
- City Developments Ltd
- Comfortdelgro Corporation Ltd
- DBS Group Holdings Ltd
- Singapore PLC
- Global Logistic Properties Ltd
- Golden Agri-Resources Ltd
- Hongkong Land Holdings Ltd
- Port Holdings Trust
- Jardine Cycle & Carriage Ltd
- Jardine Matheson Holdings Ltd
- Jardine Strategic Holdings Ltd
- Keppel Corporation Ltd
- Noble Group Ltd
- Olam International Ltd
- Oversea-Chinese Banking Corporation Ltd
- Sembcorp Industries Ltd
- Sembcorp Marine Ltd
- SIA Engineering Co Ltd
- Singapore Airlines Ltd
- Singapore Exchange Ltd
- Singapore Press Holdings Ltd
- Technologies Engineering Ltd
- Singapore Telecommunications Ltd
- StarHub Ltd
- Thai Beverage PCL
- United Overseas Bank Ltd
- Wilmar International Ltd
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