Singapore was the most-traded Asean cash market in April. The city-state led its regional peers with SDAV growth of 22% year-to-date (ytd). The Straits Times Index (STI) outperformed other Asean benchmarks ytd with a price return of 1.2% and total return of 2.9%. The benchmark index rose above 4,000 points for the first time in history in March, although that came off a bit, especially after Trump’s Liberation Day tariffs. As at April 30, the STI closed at 3,832.51 points.
Singapore Exchange’s (SGX) total securities market has increased by 59.5% y-o-y and 36.88% m-o-m to $40.59 billion in April this year.
Securities daily average value (SDAV) during the month also rose by 59% y-o-y and 30.3% m-o-m to $1.93 billion, the highest since March 2020. Retail SDAV climbed by over 50% m-o-m to its highest levels since January 2021, SGX notes in its May 13 release.
