SGX says daily turnover grew 4% in March to $1.3 bil although daily volume fell 26%

SGX says daily turnover grew 4% in March to $1.3 bil although daily volume fell 26%

Samantha Chiew
06/04/18, 02:45 pm

SINGAPORE (Apr 6): Singapore Exchange says total securities market turnover value in March over 21 trading days was at $27.7 billion, down 15% m-o-m and down 5% y-o-y.

There were 19 trading days in February 2018 and 23 in March 2017.

Securities daily average value (SDAV) came in at $1.3 billion, down 24% m-o-m and up 4% y-o-y.

Market turnover value of Exchange Traded Funds (ETFs) was $254 million, down 26% m-o-m and down 29% y-o-y.

There was one listing each on the Mainboard and Catalist exchanges, namely Sasseur REIT and Ayondo, which raised $21.0 million and $421.6 million respectively. 139 new bond listings took place as well, raising $60.9 billion.

See: Sasseur REIT says public tranche over 3.7 times subscribed

See: Ayondo makes Catalist debut today

There were 139 new bond listings in March, raising $60.9 billion. This brings the number of bond listings in FY18 to date is more than FY17 record of 819 or $384.7 billion.

Total market capitalisation value of 745 listed companies stood at $1.0 trillion as at end March.

Total derivatives volume was 17.4 million, down 4% m-o-m, but up 11% y-o-y.

March also a saw record SGX USD/CNH futures volumes, as Renminbi internationalisation continues to drive demand for CNH hedging tools.

Value of cleared over-the-counter (OTC) SGD interest rate swaps was $11.6 billion, up 1% m-o-m and down 35% y-o-y.

Total FX futures volume was 1.0 million, up 36% y-o-y. FTSE China A50 Index Futures notably remained the most active contract with a volume of 6.0 million, representing a 5% increase y-o-y.

SGX commodities derivatives volume was 1.6 million, up 46% m-o-m and down 21% y-o-y.

Iron ore derivatives volume was down y-o-y by 26% at 1.4 million, while forward freight derivatives volume was 8% higher y-o-y at 49,880.

SICOM rubber futures volume, the world’s price benchmark for physical rubber, was up 53% y-o-y at 170,813.

As at 2.45pm, shares in SGX are trading 4 cents higher at $7.30.

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