Securities' daily average grew 28% to $1.26b in November

Trading turnovers rose for the tech and REIT sectors.

Securities’ daily average value on Singapore Exchange (SGX) climbed 28% MoM in November to $1.26b, revealed a statistics report by SGX.

Meanwhile, total securities market turnover YoY increased to $26.4b, a 22% rise.

Trading turnover continued to strengthen in technology-related stocks and the Real Estate Investment Trust (REIT) sector. Index placement and secondary fundraising activity for the REIT sector continued to rise, with the sector being a key beneficiary of the lower interest rates in 2019.

Industrial stocks, spanning capital goods and services, also saw increased trading turnover over the month, at the same time recording the most net institutional inflows, compared to other sectors for November at $112m.

Secondary funds that were raised this month, on the other hand, doubled YoY, compared to November 2018. Total YTD secondary fundraising reached $7.2b, surpassing last year’s total by 16.2%.

Activity in SGX’s broad equity derivatives markets remained muted this month, owing to the lower overall volatility, total equity-index futures traded volume on SGX rose 7% MoM to 13.1 million contracts in November and down 13% YoY.

FTSE China A50 Index Futures and MSCI Singapore Index Futures climbed 12% and 5% MoM respectively.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia