Securities daily average value (SDAV)

Broker's Calls

Citi maintains ‘buy’ on SGX, lifts TP to $13.10 on sustained derivatives growth

This comes following SGX’s 4MFY2025 trading statistics which came ahead of Citi’s estimates.

Markets

SGX total securities market turnover value down 15% y-o-y to $23.79 bil in March

The benchmark Straits Times Index (STI) advanced 2.6% m-o-m in March to 3,224.01.

Markets

SGX total securities market turnover value up 13% y-o-y to $25.03 bil in February

Securities daily average value (DAV) on SGX Securities rose 34% m-o-m in February to $1.3 billion.

Markets

SGX total securities market turnover value down 6.6% y-o-y at $20.56 bil in January

As at end-January, the benchmark Straits Times Index (STI) closed at 3,153.01 points, 2.7% lower m-o-m.
SGX total securities market turnover value down by 14.5% y-o-y but up 14% m-o-m to $19.7 bil in October - THE EDGE SINGAPORE

Markets

SGX total securities market turnover value down by 14.5% y-o-y but up 14% m-o-m to $19.7 bil in October

Securities daily average value (SDAV) fell by 22.3% y-o-y but rose by 4% m-o-m to $897 million.

Markets

SGX total securities market down by 4.7% y-o-y to $25.76 bil in Sept

The STI slid 2.8% to 3,130.24 points in September, with its constituent stocks seeing over $300 million in net institutional flows

Broker's Calls

RHB remains 'neutral' on SGX as its ytd performance remains below expectations

RHB analyst Jaiswal’s unchanged target price of $10.30 includes an ESG premium of 8% over its fair value of $9.50.
SGX total securities market up by 11% y-o-y in Sept to $27.03 bil - THE EDGE SINGAPORE

Markets

SGX total securities market up by 11% y-o-y in Sept to $27.03 bil

As at 12.53pm, shares in SGX are trading 4 cents higher or 0.42% up at $9.51.
No fuss over lower SDAV, keep 'add' on SGX, says CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

No fuss over lower SDAV, keep 'add' on SGX, says CGS-CIMB

CGS-CIMB believes trading momentum will be sustained by “buoyant” market sentiment and prolonged Covid-19-related movement orders.
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