Derivatives did well too, with traded volume in May up 20% y-o-y to 30.5 million contracts, while daily average volume (DAV) gained 27% to 1.6 million contracts, the third-largest on record.
The Singapore Exchange has chalked up another active month in May with daily trading value hitting the highest level since October 2007. Securities daily average value for the month surged by 79% to $2.4 billion.
Thanks to rising volume and value, Singapore's market cap overtook Jakarta's - which is down by a third year to date - to become the largest in southeast Asia.
