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Daily average value of SGX securities slipped 5% to $1.12b in August

Total market capitalisation value of SGX-listed firms hit $970.24b.

Securities daily average value (SDAV) in the Singapore Exchange (SGX) fell 5% YoY to $1.12b in August, an announcement revealed. However, it grew 0.3% MoM.

Total securities market turnover value slipped 9% YoY to $23.5b. It was down 4% MoM over 21 trading days. SGX noted that there were 22 trading days in July 2018 and 22 in August 2017.M

Meanwhile, the market turnover value of Exchange Traded Funds (ETFs) skyrocketed 103% MoM to $379m, which is a 72% YoY jump.

For August, a new Catalist listing was recording which raised $11.6m whilst the 94 new bond listings garnered $32.36b. The total market capitalisation value of the 745 SGX-listed companies hit $970.24b as of end-August.

For derivatives, total volume grew 18% YoY to 18.79 million in August, which is also an 11% MoM increase. Meanwhile, the SGX Commodities Derivatives volume crashed 24% YoY to 1.44 million. However, it jumped 14% MoM.

SGX noted that Nikko AM SGD Investment Grade Corporate Bond ETF listed in August, making it the first ETF to offer affordable access to basket of SGD-denominated corporate bonds.

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