Asia
AEM, Top Glove and PC Partner Among New Entrants in iEdge Singapore Next 50 Index Update
AEM Holdings (SGX:AWX), Top Glove (SGX:BVA), UI Boustead REIT (SGX:UIBU) and PC Partner Group (SGX:PCT) have been added to the iEdge Singapore Next 50 Liquidity Weighted Index following the latest review, with the changes to take effect on June 22.The index, which tracks the next 50 most liquid SGX-listed companies outside the Straits Times Index, delivered a 12.3% total return in the first five months of the year, outperforming the STI's 10.8%, according to a Monday filing with the Singapore Exchange.The technology sector's weighting in the index rose to 26.2% from 16.6%, the data showed.
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