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 6 other brokers at SGX Target Prices.
Listing of research reports at SGX Analyst Reports.
Relevant links:
SGX Share Price History,
SGX Announcements,
SGX Dividend Payout Dates & Corporate Actions,
SGX News
