We believe market volatility will continue to persist through the following months due to the US presidential elections, China’s stimulus package and economic outlook, and Middle East tensions, which should benefit Singapore Exchange (SGX).
September performance continues to demonstrate strong momentum; expect momentum to continue into subsequent months.
- Read this at SGinvestors.io -
- Read this at SGinvestors.io -
Continued volatility in upcoming months to drive trading activity across multiple asset classes, revenue drivers firing on multiple fronts.
We believe market volatility should continue to persist over the following months due to the US presidential elections, China’s stimulus package and economic outlook, and Middle East tensions, which should benefit SGX.
Amidst a backdrop of Fed cuts, we believe more flows towards emerging markets like ASEAN, and yield stocks, will also likely benefit SGX’s securities trading volumes.
Growth in securities trading activity and derivatives volumes continue to be principal share price drivers for SGX.
Read more at SGinvestors.io.
Above is an excerpt from a report by DBS Group Research. Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.
