Welcome!
Singapore Exchange Limited (SGX)
Broker's Calls
RHB ups SGX’s TP to $9.90 despite ‘disappointing’ FY2023 market statistics
Following June’s market statistics, RHB's Shekhar Jaiswal has trimmed his earnings estimates for FY2023 to FY2025 by 3% to 4%.
July 17, 2023
Broker's Calls
UMS and Rex’s CEOs most overpaid in 2022 relative to their share price performances: UOB Kay Hian
Companies that got the most value out of their CEOs were YZJ, Singtel and SIA.
June 22, 2023
DLCs
UBS issues first-ever USD quoted stock DLCs on SGX
This is the first time that a USD-quoted stock DLC is listed on the exchange.
June 20, 2023
Markets
SGX total securities market down by 19.7% y-o-y to $22.96 bil in May
The total market capitalisation value of 643 listed companies stood at $802.1 million as at end-May.
June 14, 2023
Global Economy
Briefs: New entrants to SGX's watchlist; Surbana Jurong's SMEC may back US$150 bil plan to build 123 new African cities
"Banks do not actively gather customer deposits just to park them at the central bank as a business strategy": Fitch Ratings
June 08, 2023
Global Economy
Briefs: MAS to launch consultation on phasing out coal-fired power plants, Cathie Wood says software stocks next AI bet
"Sometimes, we are just careless or don’t pay attention for a second and click by instinct" - former Temasek CEO Ho Ching on scams
June 03, 2023
SE Asia Stocks
SGX launches depository receipts through linkage with Stock Exchange of Thailand
The Singapore Depository Receipts (SDRs) will be available for trading by retail and institutional investors from today, May 30.
May 30, 2023
Markets
SGX total securities market down by 26.8% y-o-y to $18.61 bil in April
April had a total of 19 trading days compared to the 23 trading days in March and 20 trading days in April 2022.
May 12, 2023
Broker's Calls
RHB maintains 'neutral' on SGX, raises TP by 80 cents to $9.80
Analyst Shekhar Jaiswal has applied an ESG premium of 8% to SGX's fair value of $9.10 to arrive at his TP of $9.80.
May 05, 2023
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.
April 10, 2023