, Singapore

SGX securities market turnover value dropped 13% to $16.7b in December

Its securities daily average fell 13% YoY to $837m.

The Singapore Exchange’s (SGX) total securities market turnover value declined 13% YoY and 22% MoM to $16.7b in December 2018, an announcement revealed.

Its securities daily average (SDAV) recorded a 13% YoY drop to $837m. On an MoM basis, it fell 19%. Meanwhile, its market turnover value of Exchange Traded Funds (ETFs) jumped 55% MoM and 14% YoY to $227m whilst the market turnover value of structured warrants and Daily Leveraged Certificates (DLCs) crashed 51% MoM. On a YoY basis, it slipped 10%.

The local bourse noted that December saw 28 new bond listings which raised $14.2b, whilst there were 2 Catalist listings that raised $15.2m.

In total, the market capitalisation value of the 741 SGX-listed companies reached $936.87b as of end-December 2018. In December, the SGX had 20 trading days compared to the 21 trading days in November 2018.

Meanwhile, total derivatives volume was down 7% MoM and up 17% YoY to 18.35 million, whilst SGX commodities derivatives volume stood at 1.27 million which which is down 31% MoM and up 13% YoY. Iron ore derivatives volume reached 1.08 million, up 10% YoY but down 33% MoM. 

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