SGX Group has reported earnings of $342.7 million for its 1HFY2026 ended Dec, comparable to the year-earlier period. However, adjusted net profit after tax was up 11.6% y-o-y to $357.1 million. According to SGX, this adjusted line excludes certain non-cash and non-recurring items that have less bearing on its operating performance.
Operating revenue, less transaction-related costs, increased by 7.6% to $695.4 million.
The exchange plans to pay an interim dividend of 11 cents, an increase of 2 cents.
SGX says it remains on track to achieve its organic top-line growth target of 6-8%, excluding treasury income, which was previously announced at the start of FY2025.
In line with its commitment to sustainable and growing dividends, SGX is confident it can continue to deliver the 0.25 cents quarterly dividend increase until the end of FY2028, as previously guided.
In 1HFY2026, SDAV increased 19.5% to $1.5 billion - a five-year high; total securities traded value increased 20.4% to $196.0 billion.
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In stark contrast to the IPO drought in 2024 and 2025, SGX saw 15 new listings, versus 5. These new issues raised a total of $3 billion, up from just $19.7 million. Secondary issues were lower though, with $1.5 billion versus $3.1 billion.
SGX Group CEO Loh Boon Chye says the exchange has its strongest half-year performance, driven by sustained growth across our multi-asset business.
"The resilience of our trusted platform has enabled market participants to diversify their investments and manage risk in a challenging global environment.
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"We remain confident in delivering medium-term revenue growth of 6-8% alongside sustainable shareholder returns.”
"Beyond listed markets, our SGX FX business has scaled further, with client acquisition and platform adoption pushing average daily volumes to a new high of US$180 billion. Our technology capabilities in this space are also delivering greater value to clients,” he adds.
Loh notes that besides healthier stock market volume, the new listing pipeline is growing and retail investors are in the market at a level that is the highest in four years.
"Our efforts are continuing into the second half, as we work closely with the Monetary Authority of Singapore and ecosystem partners to sustain this momentum," says Loh.
SGX shares closed at $17.75 on Feb 4, down 1.39%.
