- The SGX March total securities market turnover reached S$23.79 Billion.
- There was a significant movement in the derivatives market, with a total volume reaching 24 million, a month on month increase of 9.8%.
- On the other hand, derivatives daily average volume experienced a decrease, coming in at 1.19 million, showing a step down of 4.9% on a month on month basis.
- Market sentiment, as gauged by investment ratings, was mixed with 2 buys, 8 holds, and 3 sells.
- All comparisons mentioned are based on values reported from the company’s original disclosures.
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
With a composite score based on Smartkarma Smart Scores, the long-term outlook for SGX appears promising. The company’s strong performance across various factors such as Growth, Resilience, and Dividend indicates a favorable future trajectory. SGX‘s focus on value, coupled with its ability to maintain momentum in the market, positions the company well for sustained growth in the coming years. As Singapore Exchange Limited continues to drive innovation and provide essential services to the financial sector, investors may find SGX to be a compelling opportunity for long-term investment.
Singapore Exchange Limited, the owner and operator of Singapore’s Securities and derivatives exchange, boasts commendable scores in key areas according to Smartkarma Smart Scores. The company’s commitment to value, growth, resilience, and dividends underscores its stability and potential for continued success. With a solid momentum score further supporting its outlook, SGX‘s role in providing critical financial services and technological solutions solidifies its position as a key player in the industry, offering investors a promising prospect for long-term investment.
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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