SGX offers a dividend yield of 4% derived from unlevered operating cashflows and FactSet consensus earnings are expected to grow 9.5% and 5.7% for FY18 and FY19 respectively.
SINGAPORE (Apr 13): Jefferies is reiterating its "buy" on Singapore Exchange given optimistic market sentiment and bouts of volatility have improved securities and derivative volumes.
For the financial year ended March, securities traded value is up 11.5%, derivatives trading volume is up 22% while period-end open interest is up 9.5% y-o-y.
