, Singapore

SGX securities volume slid 37% in June

Only Chinese companies registered gains.

The amount of securities traded on the Singapore stock exchange registered a disappointing 37% year on year slide in June, the SGX reported today.

The total value of securities traded in June was pegged at $20.5b, down 12% from May’s 22.9b. Securities daily average valued down 40% to $978 million year-on-year and 16% lower month-on-month.

According to the SGX, “Despite the lower activity, securities market turnover for SGX Chinese-listed companies on SGX increased 18% year-on-year to S$1.5 billion and up 35% month-on-month.”

Here’s more from SGX:

Bond listings increased to a total of 45 new bonds, raising about $20.8 billion, which is more than a 200% increase as compared to a year ago and about 23% up month-on-month.

The biggest bond listing was PT Pertamina (Persero)’s US$1.5 billion 30-year bond. Foreign issuers account for 76% and foreign currency accounts for 82% of new listings. Outstanding bonds listed on SGX are 1,742, which is 19% higher year-on-year and 2% up month-on-month.

Derivatives volume was 8.6 million contracts, down 20% year-on-year but a 6% increase month-on-month. Total open interest as at end of June was approximately 3.2 million contracts, close to the same volume as the year before, but down 9% month-on-month. Derivatives daily average volume (DDAV) was down 25% to 419,428 contracts year-on-year, but up 5% month-on-month.

Total equity index futures volume was 7.4 million contracts, down 24% year-on-year but a 6% increase month-on-month. Total volume of equity index futures, equity index options and interest-rates futures traded was 7.5 million contracts, down almost 30% year-on-year and 4% lower month-on-month.
 

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.

Top News

7 in 10 unprepared for AI-driven cyberattacks
Only 38% said their organisation provided training on how to use AI whilst avoiding exploitation.
CCS overhauls passenger airline alliance framework
Airline alliance notifications are now streamlined into a three-step approach.
Aviation
Raffles Medical net profit falls 9.6% to $29m in H1
Its healthcare services division posted a 16% drop in revenue to $119.5m.
Healthcare