SGX Group

Broker's Calls

RHB keeps SGX's TP unchanged despite its securities turnover, daily average value running 'well below estimates'

Despite factoring in a mid-single digit percentage growth in dividends, SGX’s yield is well below the market yield of 5.6%.

Markets

SGX total securities market turnover value down 32.7% to $17.3 bil in September

The month of September had 20 trading days compared to the 22 trading days each for September 2022 and August.
SGX Group announces new structure to increase growth opportunities - THE EDGE SINGAPORE

Company in the news

SGX Group announces new structure to increase growth opportunities

The new structure seeks to harness the strengths of SGX's multi-asset offerings and increase its growth opportunities globally.
BlackRock lists MSCI-tracking climate action ETF on SGX at record US$426 mil - THE EDGE SINGAPORE

Environmental, Social and Governance

BlackRock lists MSCI-tracking climate action ETF on SGX at record US$426 mil

At US$426 million ($579.45 million), the fund is the largest equity ETF launch in Singapore to-date.
The Edge Singapore wins The Hidden Gem at SGX Orb Awards for the fourth consecutive year - THE EDGE SINGAPORE

Special Event

The Edge Singapore wins The Hidden Gem at SGX Orb Awards for the fourth consecutive year

The Edge Singapore has repeated its win at the SGX Orb Awards' The Hidden Gem category for the fourth consecutive year.

Investing ideas

SGX reports higher earnings but investors yearn for higher dividends

SGX increased its quarterly dividend for the first time in 12 quarters last week, on the back of 10.3% higher adjusted net profit.

Results

After 12 quarters, SGX raises quarterly dividend for FY2023

SGX had paid dividends of 8.0 cents per share for every quarter since 4QFY2020.
SGX reports FY2023 earnings of $570.9 mil, up 26.5% y-o-y; proposes final quarterly dividend of 8.5 cents - THE EDGE SINGAPORE

Results

SGX reports FY2023 earnings of $570.9 mil, up 26.5% y-o-y; proposes final quarterly dividend of 8.5 cents

The final quarterly dividend brings FY2023's total dividend to 32.5 cents, up from FY2022's 32 cents.
SGX, SSE to launch ETF link amid robust demand  - THE EDGE SINGAPORE

Markets

SGX, SSE to launch ETF link amid robust demand

The SGX-SSE link also facilitates greater collaboration opportunities between issuers in both markets.
SGX total securities market down by 21.7% y-o-y to $28.0 bil in March - THE EDGE SINGAPORE

Markets

SGX total securities market down by 21.7% y-o-y to $28.0 bil in March

During the month, the group reported “multiple volume records” in foreign exchange (forex) futures and commodity derivatives.
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