SGX securities trading down again in June but commodities hit records
Published on Jul 3, 2014 11:07 AM
SINGAPORE - The value of securities traded on the Singapore Exchange (SGX) last month dipped again, after falling in May, but commodities volumes hit a record high.
Total securities traded in June came to $20.5 billion, a 37 per cent drop compared with the same period a year ago and down 12 per cent compared with the previous month, the SGX said on Thursday.
The average value of securities traded daily in June also fell 40 per cent compared with the year ago period to $978 million.
Market analysts had forecast that the onset of the World Cup, which began in Brazil on June 12 with games played in the wee hours here, could affect trading volumes.
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