Like most stock exchanges around the world, the Singapore Exchange (SGX) saw a slowing in the number of initial public offerings (IPOs) made in the first half of the year, as rising geopolitical tensions and trade risks put dents in confidence.
According to EY Asean and Singapore managing partner Max Loh, SGX attracted seven IPOs in the first six months of the year, down 30 per cent from the same period last year, when there were 10.
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