OREANDA-NEWS. Singapore Exchange (SGX) and Nikkei Inc. (Nikkei) today announced a collaboration that will see SGX Index Edge developing and managing the headline Nikkei Asia300 Index and related indices.

The Asia300 is Nikkei's exclusive list of Asia's biggest and fastest-growing companies from 11 markets. There are currently 325 companies, including 120 from ASEAN, which have been picked by Nikkei based on market capitalization and adjusted for growth potential and geographic balance, providing its readers with a broad view of the market performance of leading Asian plays.

SGX Index Edge will utilise its index-calculation expertise to develop and manage a series of indices for the Asia300, which will measure the performance of Asia’s most influential companies. In addition to an overall index, SGX Index Edge will also create sub-indices focused on individual markets comprising China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam, as well as the ASEAN region.