Singapore Exchange (S68.SG) above $10.00 for first time since February 2008, +3.7% at $10.06, possibly in anticipation of increased trading activity in Singapore market in days ahead, says Dow Jones.

Debut of Global Logistic Properties, Mapletree Industrial Trust next week, plus trading of ADRs of 19 major Chinese companies expected to boost participation levels. "The listing of the initial 19 ADRs represents just the beginning of SGX's ambitions," says Daiwa, which has Outperform call with $10.60 target; "we believe the pipeline of pending initial public offerings will boost trading activity."

Orderbook quotes suggest price may test S$10.10. SGX due to report September-quarter results Oct. 18.