The iEdge Singapore Next 50 Index (Next 50) has undergone its June 2026 review, resulting in the addition and removal of four constituents. This change reflects strong market activity across global supply chains, with new inclusions such as AEM, Top Glove, UI Boustead REIT, and PC Partner. These changes will take effect from 22 June.
The review highlights a notable shift towards technology within the index. The liquidity-weighted framework has increased the technology sector’s weight to 26.2% from 15.8%, indicating stronger trading intensity in hardware and fintech sectors. This shift is accompanied by a reduction in income-oriented segments, such as S-REITs, telecommunications, and utilities.
The Next 50 Index, which tracks 50 of the largest and most traded stocks on the SGX Mainboard beyond the top 30 by market capitalisation, now includes recent debutant UI Boustead REIT. The eligible universe for the index expanded to 91 stocks from 87 since the March review, with selections based on market capitalisation.
The technology sector’s growing influence is evident, with five of the seven largest weights as of 29 May belonging to this sector. The Next 50 Reserve List also supports this trend, featuring technology-focused companies like Nanofilm Technologies International and Aztech Global.
The new entrants to the index are supported by robust trading activity, with AEM driven by AI-led test demand and PC Partner benefiting from high-end GPU supply constraints. The changes in the index composition reflect a broader shift towards growth and global flow-driven sectors, potentially surpassing income-led exposures like S-REITs.
