Yet, while the numbers have brought the party mood back to many, Ng Yao Loong, SGX’s head of equities, has bigger concerns. “We need to be relevant; the economic paradigm has shifted, assumptions have shifted,” he says. He adds that the bourse should focus on how it supports its companies. “[It] can’t just be firms taking risks. They need the help of capital providers. They need the help of the government in some way, shape or form.”
The Singapore Exchange (SGX) has enjoyed an upbeat sentiment since the equity market review group unveiled its measures, the last of which was announced in November 2025.
For the first half of FY2026 ended Dec 31, 2025, SGX reported its strongest half-year revenue and net profit, building on the record results of FY2025. Earnings were “comparable” y-o-y at $342.7 million, while adjusted earnings rose 11.6% y-o-y to $357.1 million.
