Other asset classes did well too.
Singapore's securities daily average value (SDAV) was up 6% y-o-y to $2.1 billion in April, led by growing trading interest of small and mid caps, which was up 8% y-o-y to mark the highest proportion of cash equities turnover since July 2021, says the Singapore Exchange in its monthly market statistical update.
Retail investors remain thick in the action, driving a 20% month-on-month increase in turnover. Institutional investors are too jumping into small mid caps, with net-purchase for a fourth consecutive month, adding $158 million to take the 12-month tally to $700 million.
