The securities market turnover value for exchange-traded funds (ETFs) fell by 2% y-o-y but rose by 46.8% m-o-m to $323 million. Concern over heightened conflict in the Middle East drove investors to safe-haven assets such as gold, with turnover in the SPDR Gold Shares ETF up 170% m-o-m. The iShares MSCI Asia ex-Japan Climate Action ETF, saw net creations since inception of $600 million through end-October.
The Singapore Exchange (SGX:S68
) (SGX) Group has reported a total securities market turnover value of $19.7 billion for the month of October, 14.5% lower y-o-y but 14% higher m-o-m.
Securities market turnover value for equities on both the Mainboard and Catalist board fell on a y-o-y basis. On a m-o-m basis, however, securities market turnover value for Mainboard-listed equities rose, offsetting the dip in the securities market turnover value for Catalist-listed equities.
