MSCI Singapore

Ong did not hold any CDL shares prior to this

The inclusion will take effect on Sept 1.

The Singapore-headquartered ride hailer will be added to the index as at the close of Feb 28.

RHB is keeping its ‘buy’ rating for Singapore Exchange (SGX) with an unchanged target price of $11.60.

The SSFs, which include underlying securities such as Comfortdelgro, DBS, Genting, Keppel, OCBC, Singtel, Thai Beverage, UOB, Wilmar, and Yangzijiang Shipbuilding, will be released on June 15.

Four Singaporean blue-chip stocks lost a combined market capitalization of S$863 million on Friday amid record volumes after MSCI Inc. deleted them from its benchmark for the city-state’s largest stocks.

SINGAPORE (Aug 17): Two positive pillars of Singapore’s seemingly-strong equities market have weakened, according to equity strategists of financial services firm Morgan Stanley.