pstrongSecurities daily average value also declined 6.6% YoY to $1.11b. /strong/p pThe Singapore Exchange Group (SGX) reported a total securities market turnover of $21.06b in June, down 11.2% from the previous year./p pSecurities daily average value (SDAV) also declined by 6.6% YoY to $1.11b. For the a href="https://sbr.com.
The Singapore Exchange Group reported a total securities market turnover of $21.06b in June, down 11.2% from the previous year.Singapore maintained its position as the second most actively traded market in Southeast Asia, bolstered by a 3.
4% QoQ increase in the Straits Times Index to 3,332.8, achieving a total return of 9% for FY2024 with reinvested dividends. Additionally, SGX also reported growth in exchange-traded funds and fixed-income products. ETF turnover increased by 23% YoY in June to $272m, whilst fixed income ETF turnover rose 59% YoY, primarily driven by trading in the iShares Asia USD High Yield Bond ETF. SGX also saw a 5% YoY increase in derivatives volume to 22.4 million contracts in June. Derivatives daily average volume also rose by 13% YoY to 1.2 million contracts for the same period.Meanwhile, FX futures trading volume also increased by 35% YoY in June to 4.5 million contracts, driven by market participants hedging amidst expectations of interest-rate cuts. The FY2024 volume for FX futures rose by 34% YoY. Commodity derivatives trading volume also experienced a 30% YoY increase in June to 5.1 million contracts, driven by strong performances in benchmark iron ore derivatives and SGX SICOM rubber futures. For FY2024, commodity derivatives volume increased by 50% YoY to 61.5 million contracts, with significant growth seen in forward freight derivatives and petrochemicals....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine. We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.SG banks turn to upskilling as hiring sentiments turn ‘cautious’IHH Healthcare’s proton therapy centre emphasises precise target treatment for cancerCo-Written / PartnerSAESL wins Aviation Award for Smart Inspection System at SBR National Business Awards 2024Digital assets boost portfolio diversification in SingaporeAviationSAESL wins Aviation Award for Smart Inspection System at SBR National Business Awards 2024Digital assets boost portfolio diversification in Singapore
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