Earnings Alerts

SGX (SGX) Earnings: July Total Securities Market Turnover Hits S$26.68 Billion

  • The total securities market turnover for SGX in July was S$26.68 billion.
  • Derivatives volume reached 23.95 million.
  • The average daily volume for derivatives was 1.14 million.
  • Analyst recommendations included 4 buys, 7 holds, and 2 sells.

A look at SGX Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.2

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

In analyzing the long-term outlook for SGX, the Smartkarma Smart Scores provide valuable insights into various aspects of the company. With a solid score in Growth and Resilience, SGX is positioned well for future expansion and is capable of withstanding market challenges. The company’s proactive approach to adapting to changing environments is reflected in its Growth and Resilience scores, indicating a promising trajectory for SGX in the coming years.

Additionally, SGX‘s respectable scores in Dividend and Momentum showcase its ability to generate returns for investors and maintain a steady pace of development. While there may be areas for improvement in Value and Momentum, the overall outlook for SGX appears favorable based on its Smartkarma Smart Scores. Investors should consider these scores along with other relevant factors when evaluating SGX as an investment opportunity.

Summary: Singapore Exchange Limited owns and operates Singapore’s Securities and derivatives exchange and their related clearing houses. The Company also provides ancillary securities processing and information technology services to participants in the financial sector.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars