SGX market turnover up 1% in Oct; total derivatives volume hits all-time high

SINGAPORE (Sept 9): SGX reported a total securities market turnover value of $24.3 billion for the month of Oct 2018, up 1% y-o-y and 25% m-o-m.

There were 23 trading days in Oct this year. Comparatively, there were 20 trading days in Sept 2018 and 21 trading days in Oct 2017.

Securities daily average value (SDAV) fell 7% y-o-y but grew 9% m-o-m to $1.06 billion.

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

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.

Asia's policy-makers just scored a new e-commerce growth measure

SINGAPORE (Apr 16): Policy makers in Asia grappling with how to measure the growth of e-commerce just scored one more tool in Singapore.

The Singapore Department of Statistics has started publishing the proportion of the city state’s retail sales that were transacted online. In February, those purchases made up 3.9% of overall retail sales, or $144.3 million, compared with 4.1% in the prior month, the agency reported Thursday.

Singapore’s non-oil domestic exports rise 9.1% in Nov from a year ago

SINGAPORE (Dec 18): Non-oil domestic exports (NODX) in Nov 2017 rose 9.1% on-year, slower than the 20.5% expansion in the preceding month, according to the latest data from IE Singapore.  

This was due increases for both electronic and non-electronic NODX as the former rose for the second month straight after a decline in September, while the latter grew for the sixth consecutive month, says the agency that promotes international trade.

SGX posts 3% y-o-y decline in market turnover for Nov

SINGAPORE (Dec 6): The Singapore Exchange (SGX) has reported a 3% y-o-y decline for its total securities market turnover value over the 22 trading days in Nov 2017. Compared to October, total market turnover value was up 19% m-o-m.

There were 21 and 22 trading days in Oct 2017 and Nov 2016, respectively.

Securities daily average value (SDAV) for November was down 3% y-o-y but increased on a m-o-m basis when compared to data from Oct.

Networking is key to landing a job in Singapore, finds Linkedin study

SINGAPORE (July 11): Online introverts, especially those based in Singapore, are missing out on a slew of job opportunities available on the Internet, according to recent study findings by LinkedIn. 

Entitled Networking Your Way In, the online survey was conducted from Feb 6 to March 18 this year among 15,905 LinkedIn members across 17 countries including Singapore, which was represented by over a thousand professionals across various industries.

More Singapore workers worry about skill obsolescence rather than layoffs

SINGAPORE (May 4): Singapore’s workers, known for being highly skilled, are well aware and confident of their market power. So much that the majority of employees may not even think twice about jumping ship given the opportunity, should they be displeased with their current work situation in any way.

Based on recent job placement and trend data in the 2017 Kelly Services and Capita Salary Guide, a majority 74% of workers in Singapore believe their skill sets and experience allow them to compete effectively with other job seekers.

The China X-factor that puts steel’s surprise comeback at risk

SHANGHAI (Feb 14): Steelmakers aren’t out of the woods yet. A year-long resurgence risks cooling as a slowdown in China’s property market deepens, exposing bullish sentiment as overblown, according to a U.S.-based hedge fund manager and former Citigroup Inc. analyst.

Be informed of the stories that matter