“For the Singapore stock market to be truly sustainable, a myriad of structural and policy issues must be addressed, certainly by SGX, but also with policymakers, regulators and all players within the ecosystem,” says Koh, who was appointed chairman at the start of 2023.
Singapore’s stock market volume saw an “uptick” in recent months, driven by market sentiment and investment flows. While this is “a welcome development” and a reminder of the “potential of our market”, Singapore Exchange (SGX:S68
) (SGX) Group chairman Koh Boon Hwee cautions that equity markets are “inherently cyclical”.
Speaking at SGX Group’s 25th anniversary ceremony on Jan 2, also the first trading day of the year, Koh says sustained growth in the stock market cannot rely solely on sentiment or temporary investment flows.
