SGX Group

Broker's Calls

RHB keeps 'neutral' call on SGX but with lowered target price

Jaiswal has lowered his target price amid a weak outlook and an “unexciting” yield of 3.7%
Brokers' Digest: FEHT, SGX Group, SATS, Civmec, Food Empire - THE EDGE SINGAPORE

Broker's Calls

Brokers' Digest: FEHT, SGX Group, SATS, Civmec, Food Empire

See what the analysts have to say this week.

Markets

Hard limits on independent director tenure is an opportunity for boards

SGX announced that it was limiting the tenures of independent directors on Jan 11.
Analysts are mixed on SGX after 1HFY2023 results - THE EDGE SINGAPORE

Broker's Calls

Analysts are mixed on SGX after 1HFY2023 results

The analysts' target prices range from $9.40 to $11.71.

Markets

SGX total securities market falls by 13.3% y-o-y to $22.02 bil in January

As at end-January, the total market capitalisation value of 647 listed companies stood at $854.39 billion.
SGX Group posts 7% higher adjusted net profit for 1HFY2023, dividend unchanged - THE EDGE SINGAPORE

Results

SGX Group posts 7% higher adjusted net profit for 1HFY2023, dividend unchanged

SGX's quarterly dividend of 8.0 cents per share is unchanged from every quarter since 4QFY2020.

Zest

SGX named 'Global Exchange of the Year' at FOW International Awards 2022

The exchange’s chairman Kwa Chong Seng received the “Lifetime Achievement Award” from FOW in September.

Zest

NSE IFSC-SGX Connect targeted for full scale operation by 2Q next year

TCS will deliver the enhanced Connect infrastructure to support full scale Nifty trading in early 2023

Environmental, Social and Governance

SGX Group to launch Nikkei Climate Change 1.5°C Target Index Futures

This product is meant to address rising investor appetite for climate-related products.
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