Singapore Exchange's market turnover slips 8% in September

The month lacks new Mainboard or Catalist listing.

Total Securities market turnover value remained almost the same month-on-month but fell 8% year-on-year to S$20.7 billion, during 21 trading days compared with 22 in August 2016 and 20 in September 2015, announced Singapore Exchange (SGX).

Securities daily average value (SDAV) was S$984 million, up 5% month-on-month and down 13% year-on-year.

The Market turnover value of Exchange Traded Funds (ETFs) was S$216 million, up 4% month-on-month and down 5% year-on-year.

Market turnover value of structured warrants was S$769 million, down 7% month-on-month and up 147% year-on-year.

According to SGX, there were no new Mainboard or Catalist listings during the month. There were 49 new bond listings, raising S$28.9 billion.

The total market capitalisation value of 763 listed companies stood at S$918.5 billion as at end September 2016.