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SGX's daily average turnover value for shares in March hit highest level since Oct 2007

The Edge Singapore
The Edge Singapore • 1 min read
SGX's daily average turnover value for shares in March hit highest level since Oct 2007
Photo: Bloomberg
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SGX's securities market turnover for March jumped 78% y-o-y $52.8 billion, with securities daily average value (SDAV) up 62% y-o-y at $2.4 billion, or the highest since October 2007, thanks to both institutional and retail participation.

For context, back when the market was in a slumber before the marketing boosting measures, daily SDAV was as low as a quarter of this level.

For January-to-March, securities turnover climbed 32% q-o-q to $126 billion.

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