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Keep 'buy' for SGX despite potentially weaker 2H21 results: UOB Kay Hian

Jeffrey Tan
Jeffrey Tan7/13/2021 11:35 AM GMT+08  • 2 min read
Keep 'buy' for SGX despite potentially weaker 2H21 results: UOB Kay Hian
SGX is expected to release its FY2021 results ended June 30 on Aug 5.
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The Singapore Exchange (SGX) could post a marginally weaker set of results for 2HFY2021 ended June 30, according to UOB KayHian.

This comes ahead of the bourse operator’s FY2021 results ended June 30, which are expected to be released on Aug 5.

The brokerage has forecast SGX to record a y-o-y decline of 0.3% and h-o-h decline of 0.3% in revenue to $572 million for 2HFY2021.

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