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.
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.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore housing rents soar 8% YoY, elevating its global expense rankpstrongIts housing rent growth matched Hong Kong, the world's most expensive city./strong/p pHousing rental prices in Singapore rose by 8% YoY in 2024, positioning the city among the a href="https://sbr.com.sg/economy/news/singapore-ranks-2nd-most-expensive-city-globally"world's most expensive.
Read more »
Singapore's YoY investment volume plunges 34.7% in Q1The commercial sector is seeing the biggest decline. Singapore&039;s investment landscape witnessed a significant dip in the first quarter, as volumes dropped by 34.7% compared to the previous year, with commercial sectors experiencing the most notable declines.
Read more »
Condo rents fall 0.5% MoM and 4.5% YoY in MaypstrongAll sub-markets posted decreases./strong/p pCondo rents dropped by a href="https://sbr.com.sg/residential-property/news/condo-rents-fall-04-mom-and-46-yoy-in-april"0.5% MoM/a and 4.5% YoY in May, data from 99.co and SRX showed./p pRents also fell across sub-markets, led by the Rest of Central Region (RCR) which saw a 1.
Read more »
Gutzy Asia barred from receiving financial benefit under PofmaThe directive will last for two years, from June 12 until June 11, 2026.
Read more »
Suntec REIT’s DPU drops 13.0% YoY in Q1 2024 to $0.226pstrongThe REIT recorded a lower DPU and a higher revenue for Q1 2O24./strong/p pSuntec REIT’s distribution per unit (a href="https://sbr.com.sg/commercial-property/news/dpu-elite-commercial-reit-drops-289-yoy-ps00342-in-fy23"DPU/a) declined 13% in Q1 2024 to $0.226 amidst high financing costs and vacancies in some assets.
Read more »
MAS’ total emissions up 14% YoY in FY2023pemThe central bank said it remains on track to reach long-term climate targets./em/p pThe Monetary Authority of Singapore (MAS) saw its overall carbon emissions climb by 14% YoY to 14,327 tonnes of carbon dioxide equivalent (tCO2e) in the financial year ended March 31.
Read more »