The Singapore Exchange Group kicked off the first month of its FY2026 with yet another month of lively turnover volume amid the benchmark Straits Times Index (STI) at record levels.
In July, securities market turnover rose 27% y-o-y to $33.8 billion, the highest in three months, while securities daily average value (SDAV) climbed 27% y-o-y to $1.47 billion.
Derivatives traded volume increased 25% y-o-y to 29.3 million contracts, with derivatives daily average volume up 23% y-o-y at about 1.3 million contracts.
Versus June, STI in July was up 5.3% m-o-m in July, with an all-time-high of 4,273 points reached on July 24.
Beyond the 30 index blue chips, small and mid-caps outperformed, with liquidity in small- and mid-cap stocks surged 94% m-o-m to $261 million, accounting for most of the jump in turnover.
The FTSE ST Small Cap Index and the FTSE ST Mid Cap Index gained 9.9% m-o-m and 6.7% m-o-m, respectively.