, Singapore
Photo from Shutterstock

Securities turnover up 22% in August

It is the highest growth since March 2022.

Total securities market turnover value in August rose 22% year-on-year (YoY) to $28.8b, the highest since March 2022, SGX reported.

Securities daily average value (DAV) climbed 28% YoY to $1.4b.

Derivatives traded volume rose 4% YoY to 24.6 million contracts, with daily average volume up 8% YoY at 1.1 million contracts.

SGX noted that elevated volatility early in the month boosted trading in equity derivatives and set a record for FX futures volume.

Turnover of exchange-traded funds (ETF) increased 16% MoM to $332m rising 38%, with 221 million shares.

Market turnover value of structured warrants decreased 19% to $232m whilst daily average certificates declined 39% to $225m.

Meanwhile, the benchmark Straits Times Index (STI) declined 0.4% MoM to 3,442.93 in August and generated a year-to-date price return of 6.7%.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

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.