News Formal

Market turnover value of securities jumped 74% to S$38b in June: SGX

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

THE total market turnover value of securities on the Singapore bourse rose 74 per cent on the year last month to S$38 billion, while the securities daily average value (SDAV) climbed 50 per cent to S$1.73 billion, as markets reflected optimism from the reopening of major economies. Read more at The Business Times.

The traded volume of equity index futures on the SGX rose 20 per cent from a month ago to 14.5 million contracts in June, the highest in three months. This was led by a 54-per-cent increase in the traded volume of the Nikkei 225 Index Futures to 2.23 million contracts.

The total volume of FX futures traded on the exchange rose 10 per cent month-on-month to 2.19 million contracts in June, the highest in three months. The Singapore Commodity Exchange rubber futures, the world’s pricing bellwether for natural rubber, increased 7 per cent on the month to 129,420 contracts. Its high-grade iron-ore futures rose to a record monthly trading volume of 55,960 contracts, with overall open interest in iron-ore contracts climbing 6 per cent in June to an average of 1.84 million contracts.

In June, the exchange announced its acquisition of the remaining 80 per cent stake in cloud-based FX trading platform BidFX, which it said would expand its reach into the global over-the-counter market. The exchange also aims to bring together FX futures with OTC markets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TikTok says it will exit Hong Kong market in daysHONG KONG (REUTERS) - TikTok said it will exit the Hong Kong market within days, a spokesman told Reuters on late Monday (July 6), as other technology companies including Facebook Inc have suspended processing government requests for user data in the region.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Exclusive: TikTok says it will exit Hong Kong market within daysThe short form video app owned by China-based ByteDance has made the decision to exit the region following China's establishment of a sweeping new national security law for the semi-autonomous city. 'In light of recent events, we've decided to stop operations of the TikTok app in Hong Kong
Source: YahooSG - 🏆 3. / 71 Read more »

TikTok says it will exit Hong Kong market within daysTikTok said it will exit the Hong Kong market within days, a spokesman told Reuters on late Monday, as other technology companies including ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Exclusive: TikTok says it will exit Hong Kong market within daysTikTok said it will exit the Hong Kong market within days, a spokesman told Reuters on late Monday, as other technology companies including ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Hong Kong stocks surge into bull market in win for governmentHONG KONG (BLOOMBERG) - Hong Kong's rallying stock market is defying predictions of the death of the city in the wake of a new security law.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »