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>Dyna-Mac CEO adds to stake at S$0.188 per share Overall, institutions were net buyers of Singapore stocks for the five sessions ending Nov 17, with S$139 million of net inflows.</li><li>On Nov 16, Dyna-Mac Holdings executive director and chief executive officer Lim Ah Cheng acquired 500,000 shares of the company at S$0.188 per share.</li></ul>

Dyna-Mac CEO adds to stake at S$0.188 per share Overall, institutions were net buyers of Singapore stocks for the five sessions ending Nov 17, with S$139 million of net inflows.On Nov 16, Dyna-Mac Holdings executive director and chief executive officer Lim Ah Cheng acquired 500,000 shares of the company at S$0.188 per share.

Dyna-Mac CEO adds to stake at S$0.188 per share

<ul><li>The STI gained 5.4% over the past fortnight, recovering half of the declines posted between 13 Sep and 21 Oct.</li><li>This has brought the STI’s 2022-to-date total return to 4%, which compares to an 18% decline for the FTSE Developed Index and 21% decline for the FTSE Asia Pacific Index.</li><li>UOB was among the most defensive STI stocks between 13 Sep and 21 Oct, in addition to YZJ Shipbuilding, Genting SG, DBS, Emperador.</li></ul>

The STI gained 5.4% over the past fortnight, recovering half of the declines posted between 13 Sep and 21 Oct.This has brought the STI’s 2022-to-date total return to 4%, which compares to an 18% decline for the FTSE Developed Index and 21% decline for the FTSE Asia Pacific Index.UOB was among the most defensive STI stocks between 13 Sep and 21 Oct, in addition to YZJ Shipbuilding, Genting SG, DBS, Emperador.

Wilmar, Sembcorp Ind & Keppel DC REIT Led STI’s 2-Week 5% Partial Rebound 

<ul><li>FOR the trading sessions that spanned Oct 21 to 27, the Straits Times Index (STI) declined 0.3 per cent, with the Hang Seng Index falling 6.1 per cent and the FTSE Bursa Malaysia KLCI gaining 0.5 per cent.</li><li>Overall, institutions were net sellers of Singapore stocks for the four sessions ended Oct 27, with just over S$100 million of net outflows, following the S$40 million of net outflows for the preceding five sessions.</li><li>Yangzijiang Financial Holding led the four-session buyback consideration tally, purchasing 7.5 million shares at an average price of 33.9 cents per share.</li></ul>

FOR the trading sessions that spanned Oct 21 to 27, the Straits Times Index (STI) declined 0.3 per cent, with the Hang Seng Index falling 6.1 per cent and the FTSE Bursa Malaysia KLCI gaining 0.5 per cent.Overall, institutions were net sellers of Singapore stocks for the four sessions ended Oct 27, with just over S$100 million of net outflows, following the S$40 million of net outflows for the preceding five sessions.Yangzijiang Financial Holding led the four-session buyback consideration tally, purchasing 7.5 million shares at an average price of 33.9 cents per share.

CEO of Sabana Industrial Reit’s manager adds to his stake in the Reit

<ul><li>The STI’s 2.4% total return in 3Q22 was mainly driven by the trio of DBS, OCBC and UOB, which averaged a 7.3% total return over the quarter.</li><li>During the quarter, the trio saw S$969 million of combined net fund inflows with the net fund inflows to DBS and OCBC more than offsetting the net fund outflows booked by UOB.</li><li>Focusing on Singapore’s 200 most traded stocks for the first nine months of 2022, that are currently listed for trading, the Sectors that saw the next highest net fund inflows in 3Q22 were Telecommunications and Consumer Cyclicals.</li></ul>

The STI’s 2.4% total return in 3Q22 was mainly driven by the trio of DBS, OCBC and UOB, which averaged a 7.3% total return over the quarter.During the quarter, the trio saw S$969 million of combined net fund inflows with the net fund inflows to DBS and OCBC more than offsetting the net fund outflows booked by UOB.Focusing on Singapore’s 200 most traded stocks for the first nine months of 2022, that are currently listed for trading, the Sectors that saw the next highest net fund inflows in 3Q22 were Telecommunications and Consumer Cyclicals.

Singapore Net Fund Inflows in 3Q22 Led by Banks

<ul><li>With one week remaining for 3Q22, the STI has booked a 5.5% total return for the quarter, outpacing the FTSE Developed Index’s 1.3% decline.</li><li>The STI’s five largest weights – DBS, OCBC, UOB, Singtel and Jardine Matheson make up 56% of the STI weights, and have averaged 9% QTD total returns, bringing their average YTD total return to 10%.</li><li>In Singapore, the STI has generated a 7% total return in the 2022 YTD, with the five biggest weights of the Index averaging 10% total returns.</li></ul>

With one week remaining for 3Q22, the STI has booked a 5.5% total return for the quarter, outpacing the FTSE Developed Index’s 1.3% decline.The STI’s five largest weights – DBS, OCBC, UOB, Singtel and Jardine Matheson make up 56% of the STI weights, and have averaged 9% QTD total returns, bringing their average YTD total return to 10%.In Singapore, the STI has generated a 7% total return in the 2022 YTD, with the five biggest weights of the Index averaging 10% total returns.

Five STI Heavyweights Book 9% QTD Total Return

Singapore

United Overseas Bank Limited provides a wide range of financial services including personal financial services, wealth management, private banking, commercial and corporate banking, transaction banking, investment banking, corporate finance, capital market activities, treasury services, futures broking, asset management, venture capital management and insurance.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

UOB (UOB SP)

Wilmar, Sembcorp Ind & Keppel DC REIT Led STI’s 2-Week 5% Partial Rebound

The STI gained 5.4% over the past fortnight, recovering half of the declines posted between 13 Sep and 21 Oct. This has brought the STI’s...

Singapore Exchange Ltd (SGX)

CEO of Sabana Industrial Reit’s manager adds to his stake in the Reit

FOR the trading sessions that spanned Oct 21 to 27, the Straits Times Index (STI) declined 0.3 per cent, with the Hang Seng Index falling 6.1 per...

Singapore Exchange Ltd (SGX)

Singapore Net Fund Inflows in 3Q22 Led by Banks

The STI’s 2.4% total return in 3Q22 was mainly driven by the trio of DBS, OCBC and UOB, which averaged a 7.3% total return over the...

Singapore Exchange Ltd (SGX)

Five STI Heavyweights Book 9% QTD Total Return

With one week remaining for 3Q22, the STI has booked a 5.5% total return for the quarter, outpacing the FTSE Developed Index’s 1.3% decline. The...

Singapore Exchange Ltd (SGX)

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Dyna-Mac CEO adds to stake at S$0.188 per share

Dyna-Mac CEO adds to stake at S$0.188 per share Overall, institutions were net buyers of Singapore stocks for the five sessions ending Nov 17,...

Singapore Exchange Ltd (SGX)

Wilmar, Sembcorp Ind & Keppel DC REIT Led STI’s 2-Week 5% Partial Rebound

The STI gained 5.4% over the past fortnight, recovering half of the declines posted between 13 Sep and 21 Oct. This has brought the STI’s...

Singapore Exchange Ltd (SGX)

CEO of Sabana Industrial Reit’s manager adds to his stake in the Reit

FOR the trading sessions that spanned Oct 21 to 27, the Straits Times Index (STI) declined 0.3 per cent, with the Hang Seng Index falling 6.1 per...

Singapore Exchange Ltd (SGX)

Singapore Net Fund Inflows in 3Q22 Led by Banks

The STI’s 2.4% total return in 3Q22 was mainly driven by the trio of DBS, OCBC and UOB, which averaged a 7.3% total return over the...

Singapore Exchange Ltd (SGX)

Five STI Heavyweights Book 9% QTD Total Return

With one week remaining for 3Q22, the STI has booked a 5.5% total return for the quarter, outpacing the FTSE Developed Index’s 1.3% decline. The...

Singapore Exchange Ltd (SGX)