SGX maintains steady market activities growth in January

Securities led the charge.

The local bourse clicked on all cylinders last January, with securities, derivatives, and commodities markets all registering steady yoy growth.

According to a press release by Singapore Exchange (SGX), total securities market turnover value increased by 36% mom but fell by 8% yoy to $23.2b, while securities daily average value also fell by 4% to $1.2b.

Meanwhile, total derivatives volume was 17.7m, up 24% mom and 21% yoy, while Equity Index Futures volume up by 17% yoy to 15.4m.

“FTSE China A50 Index Futures remained the most active contract with volume of 8.2 million, up 29% month on month and up 15% year on year. SGX CNX Nifty 50 Index Futures volume was 1.8 million, up 10% month on month and down 12% year on year,” the press release said.

Commodities derivatives volume, on the other hand, also surged by 110% yoy at 1.2m, with Iron Ore derivatives volume up by 113% to 1.1m.

“Forward Freight Derivatives volume was 46,588, up 57% month on month and up 375% year on year. SICOM Rubber Futures volume, the world’s price benchmark for physical rubber, was 72,125, up 39% month on month and up 52% year on year,” SGX said.
 

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