
- Indices aim to reflect the diversity of Singapore’s stock market and offer a view of market opportunities beyond the 30 largest companies
SGX Indices announced the launch of the iEdge Singapore Next 50 Indices that track the performance of the next tier of large and liquid mainboard companies, outside of the flagship Straits Times Index (STI) benchmark.
Developed using a transparent, rules-based methodology, the iEdge Singapore Next 50 Indices incorporate free-float, market capitalisation and liquidity criteria to identify companies that are both sizeable and tradable. To serve a broader spectrum of investor needs, the indices are available in two variants: one weighted by market capitalisation, and the other by liquidity.
Complementing existing benchmarks, these indices are designed to raise the visibility and broaden market participation in the next cohort of 50 companies – excluding the 30 largest companies by market capitalisation – as investor interest in this segment grows.
The iEdge Singapore Next 50 Indices highlight the expanding appeal of a wider range of Singapore-listed companies beyond the top tier. The index constituents have demonstrated healthy liquidity and rising investor participation since the start of the year. This underscores the demand for tailored indices that capture evolving market dynamics and provide exposure to liquid companies gaining market prominence.
For the first eight months of 2025, institutional investors net purchased S$425 million of small- and mid-cap stocks, as daily turnover grew 50% over the same period to S$163 million, with retail investors driving significantly higher activity. This positive momentum is expected to give rise to the development of new indices that highlight different segments of Singapore’s stock market.
Ng Yao Loong, Head of Equities, SGX Group, said, “The iEdge Singapore Next 50 Indices initiative is part of our efforts to build a more vibrant and inclusive stock market ecosystem. By showcasing companies beyond the 30 largest, we are helping investors to better capitalise on the full spectrum of opportunities in Singapore’s stock market. It also serves as a starting point for market participants to explore innovative ways of tracking the performance of different segments of the Singapore market.”
The iEdge Singapore Next 50 Indices build upon SGX Indices’ decade-long track record in developing a global suite of index series tailored to different investor profiles. This includes Singapore-focused thematic indices tracked by ETFs, such as low carbon and REITs, reinforcing SGX’s commitment to both local market depth and global thematic relevance.
For details on the index methodology, criteria, and list of constituent stocks and sectors, please visit: https://www.sgx.com/indices
Source: SGX