, Singapore

SGX securities volume slid 37% in June

Only Chinese companies registered gains.

The amount of securities traded on the Singapore stock exchange registered a disappointing 37% year on year slide in June, the SGX reported today.

The total value of securities traded in June was pegged at $20.5b, down 12% from May’s 22.9b. Securities daily average valued down 40% to $978 million year-on-year and 16% lower month-on-month.

According to the SGX, “Despite the lower activity, securities market turnover for SGX Chinese-listed companies on SGX increased 18% year-on-year to S$1.5 billion and up 35% month-on-month.”

Here’s more from SGX:

Bond listings increased to a total of 45 new bonds, raising about $20.8 billion, which is more than a 200% increase as compared to a year ago and about 23% up month-on-month.

The biggest bond listing was PT Pertamina (Persero)’s US$1.5 billion 30-year bond. Foreign issuers account for 76% and foreign currency accounts for 82% of new listings. Outstanding bonds listed on SGX are 1,742, which is 19% higher year-on-year and 2% up month-on-month.

Derivatives volume was 8.6 million contracts, down 20% year-on-year but a 6% increase month-on-month. Total open interest as at end of June was approximately 3.2 million contracts, close to the same volume as the year before, but down 9% month-on-month. Derivatives daily average volume (DDAV) was down 25% to 419,428 contracts year-on-year, but up 5% month-on-month.

Total equity index futures volume was 7.4 million contracts, down 24% year-on-year but a 6% increase month-on-month. Total volume of equity index futures, equity index options and interest-rates futures traded was 7.5 million contracts, down almost 30% year-on-year and 4% lower month-on-month.
 

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