π Did you know that the SIMSCI futures remains the most liquid equity index futures contract tracking the broad performance of the large and mid-cap segments of the Singapore market?
π¦ Consisting of 17 constituents such as DBS, OCBC, UOB and Singtel, SIMSCI also includes international-listed companies Sea and Grab - of which the latter two stocks are not covered by the Straits Times Index
π The live SIMSCI futures level can be found on our home page under "Live index futures prices"
π Investors keen to take a view on the broad Singapore index may therefore wish to consider using SIMSCI warrants, of which one can track the movements alongside the SIMSCI futures using the live matrix tool
π₯ As warrants move in greater magnitude than their underlyings, trending SIMSCI call warrant HUKW (https://warrants.com.sg/tools/livematrix/HUKW) is down 30.1% year to date (ytd) to SGD 0.083 as of 450PM yesterday, given the SIMSCI's 1.5% ytd fall to 438.9
π Trending put warrant RIDW (https://warrants.com.sg/tools/livematrix/RIDW) on the other hand, is up 11.4% ytd to SGD 0.098, and could serve as a broad hedge for investors who worry about the ongoing volatility as a result of the war, and any further downside of their shareholdings in the short-term
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