facebookWhat percentage of STI Index is represented by Oil and Oil related stocks? Which of them would be severely affected by this crisis? - Seedly

Advertisement

Anonymous

25 Apr 2020

General Investing

What percentage of STI Index is represented by Oil and Oil related stocks? Which of them would be severely affected by this crisis?

Should I be concerned if I'm invested?

Discussion (2)

What are your thoughts?

STI is predominantly focused on Financials, 60.72%, which is both good and bad. Oil is a minority with 1 company (Keppel) which constitutes 3.23% of the index. With such high allocation in Banks, REITS, and Financial Services, the index can be fairly resilient since the companies are well established and developed. However, due to the nature of the industry, it is unlikely to see huge growth for STI.

Colin Lim

Colin Lim

25 Apr 2020

Level 9·Financial Services Consultant at Colin Lim

To also add on to Lok Yang Teng answer... STI index is diversified so you should be too concern.. And also... If STI drop further... U can buy low?
#planwithcolin

Write your thoughts

Advertisement