In today’s briefing:
- STTF Index Rebalance: Keppel DC REIT Replaces Jardine Cycle & Carriage
STTF Index Rebalance: Keppel DC REIT Replaces Jardine Cycle & Carriage
- Keppel DC REIT (KDCREIT SP) will replace Jardine Cycle & Carriage (JCNC SP) in the SPDR Straits Times Index ETF (STTF SP) at the close on 20 June.
- The SPDR Straits Times Index ETF (STTF SP) will need to trade between 3-5 days of ADV in the add and delete.
- The ETF trading could help Keppel DC REIT (KDCREIT SP) break out of its short-term downtrend and could add further pressure on Jardine Cycle & Carriage (JCNC SP).
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