MSCI Global Standard Indexes drop five Singapore constituents

Only 16 SGX-listed stocks will remain in the MSCI Singapore section.

The MSCI Global Standard Indexes will remove five Singapore constituents after the close of 31 May.

Those removed were City Developments Limited (CDL), Jardine Cycle & Carriage, Mapletree Logistics, Mapletree Pan Asia Comm, and Seatrium.

With the removal, only 16 SGX-listed stocks will remain in the MSCI Singapore section.

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