SEE: SGX August securities daily value up 12% to $1.2 bil on heightened volatility
The market turnover value of exchange-traded funds (ETFs) surged 112% y-o-y to $557 million. Of these, equity ETFs grew the most, more than tripling in amount during the month. The four ETFs that listed in 2020 had a combined trading turnover of S$84 million in January, or 15% of total ETF turnover on the exchange. In January, there were 74 new bond listings, the highest since February 2020. Total funds raised from equity fundraisings and amounts issued from bond listings reached $40 billion in January, up 56% m-o-m to the highest amount since September 2020. Total derivatives traded volume on SGX gained 2% y-o-y to 19.8 million contracts in January, the highest amount in four months.