SGX's February daily average value highest since May 2013

The Singapore Exchange centre in Shenton Way.
The Singapore Exchange centre in Shenton Way. ST PHOTO: BENJAMIN SEETOR

SINGAPORE - The daily average value of securities traded on the Singapore Exchange (SGX) in February was S$1.7 billion, up 22 per cent from the same period a year earlier and the highest since May 2013.

In its latest market statistics report out on Thursday (March 8), the SGX also noted "good underlying volumes across financial derivatives complex during a traditionally low activity Lunar New Year month".

Stock trading accounts for most of the traded value, while structured warrants and Daily Leveraged Certificates (DLCs) make up a smaller portion.

Compared with January, securities daily average value was up 29 per cent in February.

Total securities market turnover stood at S$32.8 billion in February, up 16 per cent from February 2017 and up 12 per cent against January.

The market turnover value of Exchange Traded Funds (ETFs) was S$344 million in February, up 44 per cent from February 2017 and up 36 per cent against January.

Market turnover value of structured warrants and DLCs was S$2.1 billion, up 78 per cent from February 2017 and up 45 per cent against January. DLCs were launched in July 2017.

The total market capitalisation value of the 746 companies listed on the SGX stood at S$1.1 trillion at the end of February.

There were no initial public offerings in February.

There were 93 new bond listings in February which raised S$40.2 billion.

Total derivatives volume was 18.1 million, up 45 per cent from February 2017 and unchanged from January.