Earnings Alerts

SGX (SGX) Earnings: February Total Securities Market Turnover Hits S$25.04B, A 22% Monthly Increase

  • The total securities market turnover for SGX in February was S$25.04 billion.
  • There was a month-on-month increase of 22% in total securities market turnover.
  • The derivatives volume for the same period stood at 21.86 million, which indicates an 11% decrease from the previous month.
  • However, the derivatives daily average volume increased by 10% month-on-month, reaching 1.26 million.
  • On the trading side, there were more buys (2) than sells (3), with the majority being holds (9).
  • These comparisons are based on values reported from the company’s original disclosures.

SGX on Smartkarma

Smartkarma, an independent investment research network, has recently published a report on SGX, the Singapore Exchange. The report, written by Kyle Rudden, discusses the growth of exchange-owned ESG index providers in the market and highlights SGX as one of the leaders in this category. According to the report, SGX and Korea Exchange are leading the way in Asia with double-digit growth, with a total of US$46.3 billion in indexed assets. While the absolute value of index-linked assets is often used to measure market share, the report emphasizes the importance of relative market share growth in the ESG-related indexing market.

As the provider of the headline suggests, the overall sentiment of this report is bullish towards SGX. This is due to their strong performance and growth in the exchange-owned ESG index provider market. This report provides valuable insights for investors looking to understand the ESG-related indexing market and the role of exchange-owned providers. It also highlights the leadership of SGX in this space and their potential for continued growth in the future. For more information on this report and other insights from top independent analysts, visit Smartkarma and check out Kyle Rudden‘s profile for more thought-provoking research.


A look at SGX Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.4

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

According to the Smartkarma Smart Scores, SGX, the Singapore Exchange Limited, has a positive long-term outlook. The company has received an overall score of 4 out of 5, indicating its strong performance in various areas. The company scores a 2 for Value, 3 for Dividend, and an impressive 4 for Growth, Resilience, and Momentum.

As the owner and operator of Singapore’s securities and derivatives exchange, SGX plays a crucial role in the financial sector. The company also offers ancillary services related to securities processing and information technology. With a strong score of 4 for Growth, Resilience, and Momentum, SGX is expected to continue its growth trajectory and remain resilient in the face of challenges. Additionally, its dividend score of 3 suggests that investors can expect stable returns from the company. Overall, SGX‘s Smart Scores paint a positive picture for its long-term performance.


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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