Strait Times Index

STI components

Dog of Dow Theory (http://en.wikipedia.org/wiki/Dogs_of_the_Dow):

The Dogs of the Dow is an investment strategy with history. 　Michael B. O’Higgins suggested that one should purchase last year’s losers in the Dow Jones Industrial Average.

There are various definition of losers:

1. Highest dividend yield

2. Lowest P/E

3. The worst annual return

...

Within STI components, there are 4 losers (within both the highest yielding and worst annual return groups) :

Starhub, Keppel Corp, SIA Engineering, Sembcorp Marine