SGX securities market turnover jumps 37% YoY to $46.2b in July
Total market capitalisation increased to $1.2t.
Singapore Exchange (SGX Group) securities market turnover rose 37% year-on-year (YoY) to $46.2b in July.
Securities' daily average value (SDAV) similarly increased 37% to surpass $2b for a sixth consecutive month.
Derivatives traded volume climbed 16% YoY to 33.9 million contracts, with derivatives daily average volume (DAV) also up 16% YoY to about 1.5 million contracts.
SGX’s overall turnover velocity increased to 44% in July from 41% a year earlier, whilst SGX Catalist turnover velocity rose to 39% from 37%.
Total market capitalisation increased to $1.2t in July 2026 from $946b in July 2025.
The Straits Times Index (STI) advanced 8.9% in July to 5,628.5, marking its biggest month-on-month (MoM) increase in over five years.
The increase was supported by a global rotation out of technology into defensive financials.
Year-to-date, the benchmark returned 21% on a price-return basis, outperforming ASEAN peers in Singapore dollar terms.
Cash equities SDAV increased across all investor segments, led by institutional investors with 38% YoY growth.
Retail investors were net buyers for a sixth consecutive month, with net inflows rising 92% MoM to $545.2m, primarily in small- and mid-cap stocks.
STI exchange-traded funds (ETFs) recorded their 17th consecutive month of net inflows in July, bringing cumulative inflows to $1.6b.
Assets under management rose 89% YoY to $5.6b.
SGX Commodities reported its strongest July for petrochemicals and SGX SICOM rubber derivatives.
The volume of petrochemical contracts, including benzene and naphtha, rose 51% YoY.
Rubber futures and options volume climbed 2% YoY to 316,485 contracts.
Across all commodity derivatives, year-to-date average open interest increased 18% YoY, whilst year-to-date DAV rose 5%.
In listed currency markets, mixed economic signals in the US drove hedging activity.
Total FX futures traded volume rose 54% YoY in July to 9.3 million contracts.
DAV of SGX KRW/USD FX Futures surged 182% YoY to 54,453 lots.
Daily average open interest in SGX TWD/USD FX Futures climbed 84.6% MoM to a notional $52.9m (US$41.3m).
($1 = US$0.78)