SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Asia’s leading multi-asset exchange

Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Equity Bottom-Up

<ul><li>Last week, the trio of DBS, UOB and OCBC averaged 3.4% gains, bringing their average 3Q23-to-date total return to 8.7%.</li><li>The 3Q23-to-date has seen the trio of DBS, UOB & OCBC report combined 2Q23 Net Interest Income (NII) of S$8.26 billion, marking the third-consecutive quarter that combined quarterly NII has been above the S$8.0 billion mark.</li><li>DBS Group Holdings (DBS), United Overseas Bank (UOB) and Oversea-Chinese Banking Corporation (OCBC) also moved in tandem averaging a 4% gain on the week.</li></ul>

Last week, the trio of DBS, UOB and OCBC averaged 3.4% gains, bringing their average 3Q23-to-date total return to 8.7%.The 3Q23-to-date has seen the trio of DBS, UOB & OCBC report combined 2Q23 Net Interest Income (NII) of S$8.26 billion, marking the third-consecutive quarter that combined quarterly NII has been above the S$8.0 billion mark.DBS Group Holdings (DBS), United Overseas Bank (UOB) and Oversea-Chinese Banking Corporation (OCBC) also moved in tandem averaging a 4% gain on the week.

Global Banks Led Stocks on the Week with Arm IPO & Growth Outlook

Great Eastern Holdings / Equity Bottom-Up

<ul><li>Share buybacks by primary listed companies 16 - 22 Jun 2023 UOB, OCBC, Keppel Corporation, ST Engineering and Singtel led the net institutional outflow for the five sessions.</li><li>On Jun 19, OCBC acquired 2,345,800 shares of Great Eastern Holdings at S$16.99 per share.</li></ul>

Share buybacks by primary listed companies 16 - 22 Jun 2023 UOB, OCBC, Keppel Corporation, ST Engineering and Singtel led the net institutional outflow for the five sessions.On Jun 19, OCBC acquired 2,345,800 shares of Great Eastern Holdings at S$16.99 per share.

Nio enters share subscription agreement with CYVN Holdings; OCBC ups Great Eastern stake

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Singapore’s Insurance Trio Averages 9% YTD Return

Sector Plays in a Rising Interest Rate Environment

Singapore

Great Eastern Holdings Limited operates in the life insurance business. The Company provides fund management services including retirement plans and endowments as well as life and health insurance, personal accident insurance, and general insurance

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Great Eastern Holdings (GE SP)

Global Banks Led Stocks on the Week with Arm IPO & Growth Outlook

Last week, the trio of DBS, UOB and OCBC averaged 3.4% gains, bringing their average 3Q23-to-date total return to 8.7%. The 3Q23-to-date has seen...

Singapore Exchange Ltd (SGX)

Singapore’s Insurance Trio Averages 9% YTD Return

Singapore Exchange Ltd (SGX)

Sector Plays in a Rising Interest Rate Environment

Singapore Exchange Ltd (SGX)

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Global Banks Led Stocks on the Week with Arm IPO & Growth Outlook

Last week, the trio of DBS, UOB and OCBC averaged 3.4% gains, bringing their average 3Q23-to-date total return to 8.7%. The 3Q23-to-date has seen...

Singapore Exchange Ltd (SGX)

Nio enters share subscription agreement with CYVN Holdings; OCBC ups Great Eastern stake

Share buybacks by primary listed companies 16 - 22 Jun 2023 UOB, OCBC, Keppel Corporation, ST Engineering and Singtel led the net institutional...

Singapore Exchange Ltd (SGX)

Singapore’s Insurance Trio Averages 9% YTD Return

Singapore Exchange Ltd (SGX)

Sector Plays in a Rising Interest Rate Environment

Singapore Exchange Ltd (SGX)