FOOD & BEVERAGE | Staff Reporter, Singapore

Dairy Farm to join FTSE ST Large & Mid Cap Index

Its eligibility will be assessed on March 2018.

Dairy Farm International (Dairy Farm) will join the FTSE Large & Mid Cap Index on 18 September.

According to SGX, the eligibility of Dairy Farm for the Straits Times Index (STI) will be evaluated on March 2018.

It will be based on comparative market cap and reviews of liquidity, free float, and number of shares in issue.

Singapore's Consumer Discretionary sector has increased market-capitalisation weighted total return from 11% in 2016 to a 15% for the first eight months of 2017.

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