, Singapore
171 views
Shutterstock photo

SGX securities turnover up 27% in July

SDAV also rose 27% YoY to $1.47b.

Singapore Exchange (SGX Group) reported a 27% year-on-year (YoY) increase in securities market turnover for July to $33.8b, marking the highest monthly turnover in three months.

Daily average value (SDAV) rose 27% YoY to $1.47b.

The Straits Times Index (STI) advanced 5.3% month-on-month (MoM) to 4,173.77, hitting a record high of 4,273 on July 24, outperforming most ASEAN peers.

Small- and mid-cap stocks saw a surge in liquidity, up 94% MoM to $261m. The FTSE ST Small Cap and Mid Cap indices rose 9.9% and 6.7% MoM respectively. Retail investors led growth, while institutions net-purchased $62m in small- and mid-caps for the sixth straight month.

New listings included NTT DC REIT, Info-Tech Systems Ltd., China Medical System Holdings’ secondary listing, and Lum Chang Creations Limited on Catalist.

ETF turnover grew strongly with the addition of the Amova E Fund ChiNext Index ETF under the SZSE-SGX link. Total ETF assets under management (AUM) rose 36% YoY to $14.9b. Combined AUM of the two STI-tracking ETFs surpassed $3b.

SGX derivatives volume increased 25% YoY to 29.3 million contracts in July. MSCI Singapore Index Futures daily average volume rose 16% MoM to 48,137 contracts, with open interest hitting a record $7.1b.

Commodities traded volume surged 76% YoY to 9 million contracts, an all-time high. Iron ore and freight derivatives saw record volumes and open interest.

FX futures volumes climbed, with INR/USD contracts up 41% YoY to 2.2 million and USD/CNH up 7% YoY to 3.1 million amid trade and currency volatility.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.