Yahoo Finance Sbf 120

The Straits Times Index (STI) is Singapore’s flagship benchmark, but beyond the top 30 companies, a broader view of the Singaporean market can be obtained through indices like the SBF 120. Yahoo Finance, a popular platform for financial information, is a common place to find information on this index. The SBF 120 represents the 120 largest companies listed on the Singapore Exchange (SGX) by full market capitalization, encompassing the constituents of the STI and the next 90 largest eligible companies.

The SBF 120 aims to provide a more comprehensive reflection of the Singapore equity market’s performance compared to the STI, which is heavily weighted towards a handful of large-cap stocks. This broader representation can be particularly useful for investors seeking diversified exposure to the Singaporean economy. By including a wider range of companies, the SBF 120 offers insights into the performance of mid-cap and smaller companies that may be overlooked when solely focusing on the STI.

The index is market-capitalization weighted, meaning that companies with larger market capitalizations have a greater influence on the index’s overall movement. This weighting methodology is common in stock market indices as it reflects the relative importance of each company in the market. Changes in the share prices of larger companies will therefore have a more significant impact on the SBF 120’s value than changes in the share prices of smaller companies.

Investors can utilize the SBF 120 as a benchmark to assess the performance of their Singaporean equity portfolios or to track the overall health of the Singapore stock market. It’s also used as the underlying index for various investment products, such as exchange-traded funds (ETFs), allowing investors to gain diversified exposure to a broader segment of the Singaporean market with a single investment. These ETFs seek to replicate the performance of the SBF 120, providing a convenient and cost-effective way to invest in a basket of Singaporean stocks.

Keeping track of the SBF 120’s movements, constituent companies, and sector representation through platforms like Yahoo Finance provides valuable insight for both individual and institutional investors. Analyzing the index’s performance in relation to other market indicators and economic data can help inform investment decisions and strategies focused on the Singaporean market. While the STI offers a snapshot of the largest companies, the SBF 120 provides a more nuanced and encompassing perspective on the Singaporean equity landscape.