SGX daily securities trading value rises 27% YoY in September
Total securities turnover value reached $42.19b during the month.
The Singapore Exchange's (SGX) securities daily average value climbed 27% year-on-year (YoY) to $1.92b in September, although it declined 11% month-on-month (MoM) from $2.16b in August.
Total securities turnover value reached $42.19b during the month, up 27% but down 2.5% MoM, according to SGX's monthly market statistics report.
Trading volume fell 28% YoY to 27.86 billion shares, although it increased 12.7% from the previous month.
Singapore dollar-denominated Mainboard securities recorded $38.63b in turnover value, up 32% YoY, whilst trading volume decreased 8% to 18.72 billion shares.
By sector, financials recorded $23.98b in trading value, a 40% YoY increase. Technology turnover surged 263% to $1.85b, whilst healthcare trading value jumped 331% to $548m.
Meanwhile, total derivatives trading volume fell 2% to 29.81 million contracts, compared with 30.56 million a year earlier. On a monthly basis, derivatives volume grew 10% from 27.10 million contracts.
Futures trading volume eased 1% to 29.28 million contracts, whilst options volume dropped 50% to 518,641 contracts.
Foreign exchange futures trading rose 53% YoY to 9.64 million contracts, led by USD/CNH futures, which increased 47% to 4.87 million contracts, and INR/USD futures, which climbed 59% to 3.89 million contracts.
However, equity index futures volume fell 15% to 13.92 million contracts, whilst metal and dry bulk derivatives trading declined 25% to 5.32 million contracts.
SGX's total market capitalisation stood at $1.18t at the end of September, up 19% YoY but down from $1.21t in the previous month.