SGX daily securities traded value hits 6-month high in February

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SGX daily securities traded value hits 6-month high in February.

February recorded just one Catalist listing - that of TSH Corporation, which completed its acquisition of Sloshed!, a company in the business of operating bars and distribution of alcohol, for about S$19.4 million in a reverse takeover deal.On the derivatives front, trading volume also hit an all-time record, with 1.11 million lots changing hands daily.

The total traded volume of derivatives was 18.2 million, down 2 per cent month-on-month and up 1 per cent year-on-year. Notably, FTSE China A50 Index Futures volume was 8.62 million, up 15 per cent from January and 21 per cent higher than a year ago. The traded volume of most other derivatives fell, particularly iron ore derivatives, which recorded a volume of 1.18 million, down 33 per cent from January, although it was 26 per cent higher than a year ago.

 

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