Frasers Centrepoint Trust expected to join STI in March review

Frasers Centrepoint Trust expected to join STI in March review

February 25, 2024 / Riah Marton /


THE king of heartland malls could earn a place on the Straits Times Index (STI) at the next quarterly review in March.

Analysts said that they expect Frasers Centrepoint Trust (FCT) to be included in the benchmark index in the upcoming review given its high market capitalisation.

The trust has nine retail properties in its portfolio, of which most are suburban malls such as Northpoint City North Wing in Yishun and Nex in Serangoon.

Darren Chan, a senior research analyst at Phillip Securities Research,…



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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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