The exchange’s securities daily average value (SDAV) also fell 4.72% y-o-y to $1.17 billion.
RHB Group Research analyst Shekhar Jaiswal is remaining “neutral” on Singapore Exchange (SGX) as the exchange’s market turnover data for the 1QFY2023 ended Sept 30 fell below his estimates.
On Oct 11, SGX reported total securities market turnover of $25.76 billion for the month of September, down 4.72% y-o-y.
