, Singapore

SGX ‘improves’ as SDAV up by 18% in May: RHB

Its derivatives daily average volume rose by 13%.

Singapore Exchange’s (SGX) market had a “strong improvement,” on a monthly basis, in May 2022, with its securities daily average value (SDAV) rising 18%, banking firm, RHB, said.

Moreover, SGX’s derivatives daily average volume went up 13%, RHB said.

For the fiscal year of 2022, RHB said the listing company’s year-to-date SDAV was 6% lower. 

Amongst the top “BUYs” with large and mid-market cap are ComfortDelGro, DBS, Singtel, ST Engineering, Suntec Reit, ThaiBev, and Venture Corporation. 

Top BUYs in the small market cap are ESR-Reit, Food Empire, and HRNetGroup.

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