SGX market turnover up 24% on-year to $26.7 bil in April

SGX market turnover up 24% on-year to $26.7 bil in April

Michelle Zhu
09/05/18, 03:00 pm

SINGAPORE (May 9): Singapore Exchange (SGX) saw a 24% year-on-year increase in total Securities market turnover value to $26.7 billion in April 2018.

Compared to March, the latest month’s total market turnover value was down by 4% month-on-month.

There were 21 trading days in April 2018 compared to 19 in April 2017.

Securities daily average value (SDAV) for April was up 12% y-o-y to $1.27 billion, but down 4% m-o-m.

Market turnover value of Exchange Traded Funds (ETFs) fell both y-o-y and m-o-m by 21% and 10%, respectively.

Notably, market turnover value of structured warrants and Daily Leveraged Certificates (DLCs), which were launched in Jul 2017, grew 44% y-o-y to $1.72 billion, but fell 4% m-o-m.

There were two new Catalist listings during April, which raised $65.5 million in total. This is in addition to 85 new bond listings which raised $46.78 billion over the month.

As at end-April, there were 744 companies listed on SGX with a total market capitalisation value of $1.05 trillion.

Meanwhile, Total Derivatives volume grew 13% y-o-y to 15.25 million but fell 12% on a m-o-m basis.

FTSE China A50 Index Futures, which remained the most active contract, grew 9% y-o-y but declined 4% m-o-m to a volume of 5.77 million.

SGX Nifty 50 Index Futures volume was 1.65 million, up 3% y-o-y and down 14% m-o-m.

Over April, SGX USD/CNH futures traded in excess of US$1 billion for 15 consecutive days for the first time ever.

SGX Commodity Derivatives volume fell both y-o-y and m-o-m by 23% and 27%, respectively, to 1.16 million.

Iron Ore Derivatives volume was 0.93 million, representing y-o-y and m-o-m declines of 31% each.

Volume of SICOM Rubber Futures grew 37% y-o-y but fell 14% m-o-m to 147,438.

As at 2.58pm, shares in SGX are trading 6 cents higher at $7.72.

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