- For Sep 24, SGX reported strong operating statistics which saw SDAV reaching a two-year high, driven by increased market turnover value for China-linked SGX-listed companies.
- Total derivative traded volumes also surged to a four-year high, driven by the equity derivatives and commodities segments.
- - Read this at SGinvestors.io -
Robust month for cash equities.
- Slightly above expectations, Singapore Exchange (SGX) reported its Sep 24 monthly statistics which showed that securities daily average value (SDAV) surged sharply (+66.9% y-o-y, +5.6% m-o-m) to S$1.44b, the highest since May 22. Driven by China’s announced stimulus measures, this led to an increase in total value traded for China-linked SGX listed companies along with the financial and telco sectors.
- - Read this at SGinvestors.io -
Derivatives volume at four-year high.
- Read more at SGinvestors.io.
Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.
Llelleythan Tan UOB Kay Hian Research | Heidi Mo UOB Kay Hian Research | https://research.uobkayhian.com/ 2024-10-16
Previous report by UOB:
2024-09-16 Singapore Exchange (SGX) - Strong Performance From Cash Equities, Forex & Commodities.
Price targets by 3 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
