- Total securities market turnover in June was S$21.06 billion.
- This turnover represents a 21% decrease compared to May.
- Derivatives volume for June was 22.40 million.
- This is a 6.5% decrease from the previous month.
- The daily average volume of derivatives was 1.16 million.
- This daily average volume shows a 2.2% increase from May.
- Analyst ratings include 4 buys, 7 holds, and 2 sells.
A look at SGX Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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
The long-term outlook for Singapore Exchange Limited (SGX) appears promising based on the Smartkarma Smart Scores analysis. With a strong showing in Growth and Resilience, SGX is positioned well for future expansion and able to weather market challenges effectively. The company’s momentum also indicates a positive trajectory in the market, highlighting its potential for sustained performance over time. Additionally, SGX‘s focus on dividends underscores its commitment to rewarding investors, adding another layer of attractiveness for long-term shareholders.
SGX, as a key player in Singapore’s securities and derivatives exchange, continues to demonstrate resilience and growth potential, as indicated by its Smartkarma Smart Scores. Investors looking for stability, growth opportunities, and consistent dividends could find SGX to be a compelling choice in their long-term investment portfolios.
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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