MARKETS & INVESTING, STOCKS | Staff Reporter, Singapore

SGX securities market turnover value dropped 24% to $21.6b in November

Its securities daily average value also crashed 21% to $1.03b.

The Singapore Exchange’s (SGX) total securities market turnover value crashed 24% YoY and 11% MoM to $21.6b in November, an announcement revealed.

Its securities daily average value (SDAV) also recorded a 21% YoY fall to $1.03b. On a MoM basis, it was down 3%. Meanwhile, the market turnover value of Exchange Traded Funds (ETFs) in the local bourse plummeted 36% YoY and 40% MoM to $146m whilst the market turnover value of structured warrants and Daily Leveraged Certificates (DLCs) which grew 11% MoM and 6% YoY to $2.02b.

The local bourse noted that November saw 112 new bond listings which raised $68.8b. In total, the market capitalisation value of the 739 SGX-listed firms hit $949.1b as of end-November.

In November, the SGX had 21 trading days which is lesser compared to the 23 trading days in October and 22 trading days in in November 2017.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.