Singapore Exchange FTSE ST All-Share Index – Full Stocks List & Market Cap 2025
If you’ve ever looked beyond just the top 30 STI stocks and wanted a broader view of the Singapore stock market, the FTSE ST All-Share Index is where it gets interesting. This index is like the full map of Singapore's investable stock universe—covering big names, mid-tier players, and even some under-the-radar small caps. In 2025, this index gives the most complete picture of how Singapore's economy is reflected on the SGX.
I’ve been keeping an eye on this index because it tells a deeper story than just the STI. If you’re building a diversified portfolio or researching long-term trends, here’s what you need to know.
🔍 What Is the FTSE ST All-Share Index?
The FTSE ST All-Share Index represents nearly the entire Singapore stock market. It includes all the eligible Mainboard and Catalist-listed companies that meet certain size and liquidity requirements. In other words, this index goes far beyond the STI’s 30 stocks—it holds around 90 companies, giving exposure across all sectors and sizes.
It’s divided into:
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Large-cap (already in the STI),
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Mid-cap, and
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Small-cap stocks.
This blend makes it a solid reference for tracking Singapore’s market as a whole, especially if you want exposure to both established leaders and fast-growing challengers.
📈 Market Cap Snapshot – 2025
Here’s a quick breakdown of the largest companies in the FTSE ST All-Share Index, based on their current market capitalizations. These are the heavyweight names driving the index performance this year:
| Rank | Company | Ticker | Approx. Market Cap (SGD Billion) |
|---|---|---|---|
| 1 | DBS Group Holdings | D05 | 182 |
| 2 | OCBC Bank | O39 | 105 |
| 3 | United Overseas Bank (UOB) | U11 | 85 |
| 4 | Singtel | Z74 | 68 |
| 5 | CapitaLand Integrated Commercial Trust | C38U | 32 |
| 6 | Jardine Matheson | J36 | 31 |
| 7 | Singapore Exchange | S68 | 29 |
| 8 | ST Engineering | S63 | 26 |
| 9 | Keppel Corporation | BN4 | 24 |
| 10 | CapitaLand Ascendas REIT | A17U | 21 |
These top 10 stocks alone account for a huge portion of the index’s total market value. Most are also part of the STI, but the All-Share index goes further by capturing mid-sized companies and sector specialists that often get overlooked.
🧩 Sector Breakdown
The FTSE ST All-Share Index isn’t just about banking and telecom. The sector spread in 2025 looks something like this:
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Financials (Banks & Services) – ~46%
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Real Estate & REITs – ~20%
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Industrials & Engineering – ~12%
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Telecommunications & Utilities – ~10%
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Consumer Goods, Healthcare, Others – ~12%
This mix gives the index a strong blend of defensive income stocks (like REITs and banks), alongside growth-focused companies in logistics, data centers, and services.
📊 Why This Index Matters
I personally like watching the FTSE ST All-Share Index because it gives me a real view of Singapore’s entire stock market—not just the blue-chip top tier. Here’s why it’s so useful:
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Diversified Exposure: It’s the best way to track how different sectors are performing, especially the mid-cap and small-cap names that don’t show up on the STI.
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Great for Research: If you’re looking to spot upcoming trends or undervalued opportunities, this index is where to start.
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ETF & Fund Strategies: Some funds and ETFs use this broader index as their benchmark. Knowing the top names and their weightings helps make smarter decisions.
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Market Health Indicator: Watching how the smaller stocks move compared to the giants gives you insight into the strength of market breadth and investor sentiment.
📝 Final Thoughts
The FTSE ST All-Share Index is like the full storybook of Singapore’s stock exchange. It brings in more variety, better sector coverage, and access to companies that are flying under the radar but might just be tomorrow’s leaders. If you’re serious about understanding or investing in SGX, this index should definitely be on your radar.