The Singapore Exchange has capped a strong FY2026 ended June with its highest average daily trading value in 18 years.
In June, the last month of its previous financial year, securities market turnover jumped 72% y-o-y to $44.6 billion, with securities daily average value (SDAV) also up 72% y-o-y at $2.1 billion, in line with a buoyant market.
This brings SGX's total turnover for FY2026 to $455.7 billion, with SDAV gaining 35% y-o-y to $1.8 billion – the highest in 18 years.
Derivatives was up as well, with traded volume 31% higher y-o-y in June to 34.3 million contracts, as daily average volume climbed 27% y-o-y to 1.6 million contracts.
For July 2025 to June 2026 (FY2026), total volume gained 15% from FY2025 to 363.5 million contracts, with DAV increasing 14% y-o-y to about 1.5 million contracts.
The big jump in trading value was in line with new highs constantly made by the Straits Times Index throughout SGX's financial year, reaching 5,218.96 points on June 25, up 30.4% y-o-y, while giving total returns of 36.4%.
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Lifted by handsome gains by the three local banks, which made up half the weightage of the index, and SGX itself, which accounts for around 4%, this key index has made further new highs.
According to SGX, the REITs, small and mid caps enjoyed better trading interest too, with gains of double-digit SDAVs.
Both retail and institutional investors helped generate the volume.
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Retail SDAV surged 52% y-o-y in FY2026 to its highest level in 12 years; retail investors remained net buyers for five consecutive months through June, bringing cumulative FY2026 net inflows to $2.4 billion.
SDAV for small and mid cap stocks was up 155% y-o-y to $310 million in FY2026, the highest since FY2014.
The big boys are casting their sights at smaller names. According to SGX, institutional net buying in small- and mid-caps climbed three-fold to $606 million, compared with $200 million in FY2025.
SGX's iEdge Singapore Next50 index was up 23.8% y-o-y in June to 1,516.01.
