Thirty SGX stocks tighten spreads as DBS tops turnover at $320.9m
The 30 stocks together generated a combined average daily turnover of $459m.
DBS Group Holdings recorded the highest average daily trading (ADT) turnover at $320.9m amongst 30 SGX stocks in the year to 20 October, according to SGX’s market updates.
The bank’s five-session average bid-offer spread narrowed 26.3% year-on-year (YoY) to 1.8 basis points, from 2.5 basis points.
The 30 most actively traded stocks with sustained bid-offer spread improvement generated a combined ADT of $459m, SGX said.
Amongst the 30 stocks, Aoxin Q & M, PC Partner Group, and First REIT recorded the largest year-on-year reductions in five-session average bid-offer spreads, at 91%, 75% and 69%, respectively.
Yangzijiang Shipbuilding’s spread narrowed 33.6% YoY to 21.0 basis points, from 31.5 basis points, while its ADT was $74.9m.
CSE Global recorded a 12-month spread decline of 15.9% to 62.7 basis points YoY, from 74.5 basis points, whilst its ADT was $13.1m.
Other counters in the top 30 included Jardine Cycle & Carriage with an ADT of $7.7m, iX Biopharma with an ADT of $6.2m, PC Partner Group with an ADT of $5.85m, and Haw Par Corporation with an ADT of $5.7m.
CapitaLand India Trust followed with an ADT of $4.82m, ahead of YZJ Financial Holding at $3.82m and Nam Cheong at $2.62m.
The 30 stocks were identified based on their five-session average bid-offer spreads as at 20 October, which were lower than the corresponding readings on 20 July, 20 April, and 20 October 2025, SGX said.