Singapore Exchange Group (SGX) has reported a 26% y-o-y rise in securities market turnover value for October to $33.9 million, as securities daily average value (SDAV) climbed 26% y-o-y to $1.54 billion.
The bellwether Straits Times Index (STI) advanced 3% m-o-m to 4,428.62, taking calendar y-t-d gains to 16.9% and total returns to 21.9%.
Cash SDAV increased 24% y-o-y in October to $1.44 billion, fuelled by S$380 million in institutional net inflows into index as well as small- and mid-cap stocks. This marked the ninth consecutive month of net inflows to small- and mid-caps, SGX says.
On Oct 16, SGX Group announced the launch of the Indonesia-Singapore Depository Receipt (DR) Linkage in collaboration with the Indonesia Stock Exchange, debuting an inaugural batch of Singapore Depository Receipts (SDR) based on Indonesia blue-chip underlyings.
Meanwhile, daily average volume (DAV) in SGX FTSE China A50 Index Futures rose 17% m-o-m in October to 601,676 lots (US$9.2 billion notional) — the highest in a year — driven by geopolitical uncertainties.
Optimism in global AI demand has also propelled Taiwan’s equity markets to new highs, with DAV of SGX FTSE Taiwan Index Futures gaining 6% y-o-y to 78,592 lots (US$7.1 billion).
See also: Powermatic Data Systems shares up on special dividend
Commodity derivatives traded volume climbed 17% y-o-y in October to 6.6 million contracts as market participants managed risks around China’s high level policy discussions and the Xi-Trump meeting in South Korea. Benchmark iron ore derivatives volume gained 23% y-o-y, as futures OI set a single-day record of 2,195,002 lots on 29 October.
Shares in SGX closed 20 cents higher or 1.183% up at $17.11 on Nov 11.
