STI crosses 4,000 for first time in 3 years
Over this period, the index has delivered a total return of 40%, with a CAGR of 11.9%.
The Straits Times Index (STI) has crossed the 4,000 mark for the first time.
Over the past three years, the index has delivered a total return of 40%, with a compound annual growth rate (CAGR) of 11.9%, outpacing the S&P 500’s 31% total return and 9.4% CAGR over the same period.
Investor access to the STI has also expanded, with two Exchange Traded Funds (ETFs) launched since 2002. These ETFs now manage a combined $2.5b in assets.
The Singapore Exchange noted that the STI’s performance reflects the resilience and long-term growth of the local economy. Investors are encouraged to stay informed through the SGX’s comprehensive research and market updates available on its website.