SGX total securities up 8% y-o-y to $23.2 bil in October; market turnover value of ETFs surged 54% y-o-y to $363 mil

Singapore Exchange (SGX) reported a total securities market turnover value of $23.2 billion for the month of Oct 2020, up 8% y-o-y, but down 4.5% m-o-m.

There were 22 trading days in Oct this year, same as the number of trading days in Sept 2020 and Oct 2019.

In a Nov 10 statement, SGX says turnover stood higher for stocks in the medical and protective-equipment industries while market participants “continued to manage risk across multiple asset classes on the exchange even during regional holidays”.