In cash equities, securities daily average value (SDAV) slid 1% y-o-y to $1.36 billion, and 8.6% m-o-m from January’s SDAV of $1.49 billion.
The Singapore Exchange (SGX) reported total securities market turnover of $25.8 billion for the month of February over 19 trading days, according to the latest monthly market statistics released on March 10.
The amount represents a 6% drop y-o-y from the $27.5 billion over 20 trading days in February 2020, and a 13.2% m-o-m drop from January’s total securities market turnover of $29.7 billion over 20 trading days.
