Singapore Exchange (SGX) has reported a rise in trading volumes, surpassing expectations for the second half of the financial year ending June 2025.
This increase is attributed to heightened market volatility and supportive measures from the Monetary Authority of Singapore to bolster the equity market.
The securities’ daily average traded value is projected to continue its upward trend into the financial years 2026 and 2027.
The latest data indicates that both securities turnover and derivatives volumes have exceeded previous estimates.
Analyst Shekhar Jaiswal maintains a neutral stance on SGX, with a revised target price of SGD14.10, up from S$13.60. Despite the positive trading volume trends, the year-to-date share price is believed to already reflect the potential earnings upside, supported by a reasonable forward price-to-earnings ratio.
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