Singapore Exchange (SGX) Group saw its securities market turnover value and securities daily average value (SDAV) grow 42% m-o-m to $29.6 billion and $1.5 billion respectively, according to its market statistics report for February.
The bellwether index grew 1% m-o-m, reaching 3,934.09 on Feb 19. It outperformed its Asean peers with a year-to-date 2.7% price return and 3.1% total return.
The total number of listed securities in Feb stood at 614, down from the 615 in January.
Derivative traded volume climbed 17% y-o-y to 25.6 million contracts, with derivatives daily average volume (DAV) up 8% y-o-y at 1.4 million contracts.
On SGX securities, market turnover value of structured warrants and daily leverage certificates (DLC) rose to $932 million in February, more than doubling on both a m-o-m and y-o-y basis.
Turnover of exchange-traded funds (ETF) also gained from an increase in trading velocity, up 45% y-o-y at $407 million, while ETF assets-under-management (AUM) climbed 27% y-o-y to $13.5 billion.
See also: STI climbs to highest in 17 years at 3,886.98, while Jan SDAV up 9% m-o-m at $1.04 bil
Amid a focus on additional US trade tariffs on China, the SGX FTSE China A50 Index Futures traded volume rose 18% y-o-y to 9.4 million contracts.
In the month of Feb, the global buyside community gravitated towards Singapore equities, as open interest in the SGX MSCI Singapore Index Futures gained 80% y-o-y to a record notional US$6.1 billion.
Meanwhile, concern over the US trade tariffs fueled volatility in FX markets, and total futures traded volume on SGX FX rose 72% y-o-y.
See also: MSCI Singapore index up 4.14% m-o-m in January despite Trump’s ‘capriciousness’: CGSI
Benchmark iron ore derivatives traded volume gained 2% y-o-y in February, or 13% m-o-m, to 4.4 million contracts on the back of increased hedging and market activities around physical-supply risks related to the weather.
This lifted total volume on SGX Commodities by 3% y-o-y to a three-month high of 5 million contracts.
Shares in SGX closed 5 cents higher or 0.378% up at $13.27 on March 7.
