SINGAPORE - The average daily value of securities traded on the Singapore Exchange (SGX) last month was up 5 per cent from July, though the total value of securities traded was unchanged at $21 billion.

This was despite the fewer trading days in August compared with July, the stock exchange said on Wednesday.

However, the average daily value of traded securities fell by 27 per cent from the same period year ago.

SGX also noted that there were four new listings which raised $1.4 billion last month - more than twice the amount in July and triple that a year ago.

It added that more than $8.2 billion was raised from 32 bond listings in August, compared with 26 listings which rasied $5.5 billion a year ago.

There were 1,733 outstanding bonds listed in August, up 19 per cent from a year ago.