SGX total securities market falls by 13.3% y-o-y to $22.02 bil in January

Singapore Exchange (SGX) Group reported total securities market turnover of $22.02 billion in January over 19 trading days.

This is 13.3% lower compared to January 2021’s total securities market turnover of $25.39 billion over 21 trading days. On a m-o-m basis, this is 12% higher compared to December 2022’s total securities market turnover of $19.64 billion over 21 trading days. According to the group, the higher m-o-m trading activity came about as investors remain hopeful that China’s reopening will catalyse growth.