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Trading of stocks on SGX falls in February but commodities volumes climb

Published on Mar 5, 2014 10:12 AM
 
The volume of securities and derivatives traded on the Singapore Exchange (SGX) last month declined, but trading of commodities and clearing activities rose. -- ST FILE PHOTO: KUA CHEE SIONG

The volume of securities and derivatives traded on the Singapore Exchange (SGX) last month declined, but trading of commodities and clearing activities rose.

Securities trading on the local bourse fell to $20.9 billion, down 35 per cent from a year ago and 7 per cent from January, the SGX said on Wednesday.

The daily average value of securities trading dropped 41 per cent from the previous year to $1 billion as there were more trading days in February this year than last year.

Trading of derivatives also dipped 7 per cent last month from a year ago to 8.1 million contracts. China and Taiwan futures saw more activity, but Japan and India futures trading slid.

 
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