Singapore Exchange (SGX) - CGS-CIMB Research 2023-09-19: Trading Volumes Relatively Subdued

Singapore Exchange (SGX) - Trading Volumes Relatively Subdued

Published:
SGX (SGX:S68) | SGinvestors.ioSGX (SGX:S68)
  • - Read this at SGinvestors.io -
  • Aug 2023 SDAV and DDAV stronger m-o-m; 8M23 volumes softer y-o-y

    • Singapore Exchange (SGX) posted securities daily average value (SDAV) of S$1.07bn in Aug 23 (+5% m-o-m, - 3% y-o-y), still relatively subdued given the elevated interest rate environment. This brought 8M23 average SDAV to S$1.1bn, markedly lower than the average S$1.3bn in 8M22 when the interest rate hikes commenced.
    • - Read this at SGinvestors.io -

    Stamp duty reduction lifts China A50; SGX’s Nifty volumes rising

    • Read more at SGinvestors.io.




    Above is the excerpt from research report by CGS-CIMB.
    Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.




    Andrea CHOONG CGS-CIMB Research | https://www.cgs-cimb.com 2023-09-19



    Read also CGS-CIMB's most recent report:
    2024-02-01 Singapore Exchange - Leaning On FX & Commodities.

    Price targets by other brokers at SGX Target Prices.

    Listing of research reports at SGX Analyst Reports.

    Relevant links:
    SGX Share Price History,
    SGX Announcements,
    SGX Dividends & Corporate Actions,
    SGX News Articles





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