The iEdge Singapore Next 50 Index has seen significant growth in value and liquidity during the third quarter of 2025, with Food Empire Holdings leading the charge. The company secured $31.3m (S$42.8m) through a strategic treasury share placement on 24 September, enhancing its market presence and liquidity. This move has propelled Food Empire to become the seventh most actively traded stock in the local market.
Nine out of ten constituents of the iEdge Singapore Next 50 Index recorded higher average daily trading turnover in Q3 2025 compared to the first half of the year. Notable growth was observed in companies such as Banyan Tree Holdings, PropNex, and China Aviation Oil Singapore Corp. Additionally, the price-to-book ratios for nine out of ten constituents have increased, with PropNex and Yangzijiang Financial Holding leading the way.
The iEdge Singapore Next 50 Index, which excludes the 30 most actively traded stocks by market capitalisation, complements Singapore’s established benchmarks. It maintains a combined market capitalisation of $63.8 billion (S$87 billion) and an average daily turnover of $117.2m (S$160m) as of 24 September 2025.
Food Empire’s recent share placement attracted interest from institutional investors, including Amova Asset Management and Lion Global Investors. The placement, priced at $1.85 (S$2.52) per share, represented a 5.38% discount to the previous day’s volume-weighted average price. This strategic move is expected to enhance Food Empire’s trading liquidity and market float, positioning the company for future growth opportunities and strengthening investor confidence.
