Earnings Alerts

SGX (SGX) Earnings: December Total Securities Market Turnover Hits S$20.04 Billion

  • The total securities market turnover on SGX in December 2024 was S$20.04 billion.
  • The total volume of derivatives traded amounted to 23.18 million.
  • The average daily volume for derivatives during the month was 1.09 million.
  • Analyst recommendations included 5 “buy” ratings, 7 “hold” ratings, and 3 “sell” ratings.

A look at SGX Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores assessment, Singapore Exchange Limited (SGX) shows a promising long-term outlook. SGX received a solid score for Dividend and Growth prospects, indicating good potential for both steady returns and expansion. Additionally, the company scored high in Resilience and Momentum, highlighting its ability to withstand challenges and maintain positive performance momentum. These scores collectively suggest that SGX is well-positioned in terms of financial stability and growth opportunities.

Singapore Exchange Limited, the operator of Singapore’s main securities and derivatives exchange, continues to demonstrate a strong position in the market. With a balanced outlook across important factors such as Value, Dividend, Growth, Resilience, and Momentum, SGX appears to be on a positive trajectory for long-term success. As a provider of essential services to the financial sector, including securities processing and information technology services, SGX‘s robust performance indicators bode well for its future prospects.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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