🌱 SGX FTSE ST Small‑Cap Index – Full Stocks List & Market Cap (2025)
If you're interested in discovering the next wave of rising companies on SGX—ones that are big enough to be established but still small and nimble—the FTSE ST Small‑Cap Index is the place to explore. As of mid-2025, this index comprises around 42 stocks, with a total market cap of approximately S$17.2 billion and average daily turnover of about S$69 million. These aren't headline big-caps, but I think they represent some of the most exciting growth opportunities on the local market.
🔍 Top 10 Small‑Cap Stocks by Market Cap
Here are the ten largest companies currently in the Small‑Cap Index, ranked by their estimated market size:
Rank | Company | Ticker | Approx. Market Cap (SGD million) |
---|---|---|---|
1 | Samudera Indonesia | S1G | ~1,635 |
2 | Food Empire | F03 | ~1,450 |
3 | AIMS APAC REIT | O5RU | ~1,300 |
4 | Centurion Corp | CNCR | ~1,180 |
5 | BRC Asia | BRC | ~1,050 |
6 | Wee Hur Holdings | 40V | ~950 |
7 | Yangzijiang Financial | YJFN | ~900 |
8 | Chip Eng Seng | C02 | ~880 |
9 | Riverstone Holdings | R1A | ~850 |
10 | CAO Group | C13 | ~800 |
Together, these ten names make up over 50% of the Small‑Cap index’s total market value—a sign of meaningful concentration even within this smaller segment.
💡 Noteworthy Performers in H1 2025
Some companies really stole the spotlight in the first half of 2025:
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Food Empire recorded impressive earnings growth and even made it onto a major regional corporate list.
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Samudera Indonesia stood out among industrials, leading gains within the index.
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Centurion, BRC Asia, Wee Hur and Yangzijiang Financial all pulled solid returns and drew steady investor attention.
These stocks helped push the Small‑Cap index to a +8.8% YTD total return, outperforming many other segments.
🧭 Sector Breakdown of the Small‑Cap Universe
This index blends a variety of industries:
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Industrials & Services: Samudera, Chip Eng Seng, Yangzijiang Financial
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Food & Consumer: Food Empire
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Real Estate & REITs: AIMS APAC REIT, Centurion Corp
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Construction & Engineering: Wee Hur, BRC Asia
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Diversified: Riverstone, CAO Group
It’s a solid mix that captures early-stage growth stories as well as more niche sectors.
📊 Why Small‑Caps Matter
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High growth potential: Small-cap stocks often move faster and rebound sooner than larger peers.
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Diversification: They offer exposure to sectors and strategies not seen among big caps.
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Active opportunities: Lower average daily volume means active traders can still find liquidity.
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Index momentum: The combination of dividend yield and growth helps push the index higher—it’s up nearly 9% year-to-date.
✅ Final Thoughts
The FTSE ST Small‑Cap Index in 2025 highlights a lively group of 42 companies worth keeping on your radar. A handful have already topped S$1.5 billion in market cap, showing the segment has both substance and upside. For those looking beyond mega caps, this index offers a rich hunting ground for the next breakout stories on SGX.
Tags: Singapore Stock Exchange FTSE ST Small Cap Index Full Stocks List 2025 Small Cap Mid SG ESG ST REIT stock list tips mutual funds foreign ETF flexi