Ailing SGX in dire need of revitalizing catalyst, say listed firms

It could be overtaken by other bourses soon.

The SGX is in dire need of a catalyst in order to return it to its former glory, the Small and Middle Capitalisation Companies Association (SMCCA) stated in a report.

The SGX has been suffering from low trading values and lacklustre listings in the past years, and the SMCCA stated that only reforms will manage to revive the local bourse.

In terms of trading value, Hong Kong and Thailand have been on a consistent uptrend. Malaysia was trending up
but has peaked and then come off a bit, but Singapore is stuck in a consistent downtrend.

“We are preparing our members for the potential year ahead. What the Singapore Stock Market needs though is a new and significant catalyst. This would then enable us to reverse our downtrend and re-establish ourselves as the premier stock market regionally. A strong and vibrant stock market will ensure that Singapore Listed Companies can operate efficiently and continue to enhance their performance. And this would then underpin the continued growth of the Singapore Economy,” said SMCCA President Tan Choon Wee.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.