0642 GMT - Singapore Exchange looks positioned for structurally stronger growth, Maybank Research's Thilan Wickramasinghe says in a research report. SGX's May equity-market turnover data shows a quickening trend toward a higher "baseline velocity" that should drive structurally higher securities daily average value in the medium-term, the analyst says. With geopolitical and macroeconomic uncertainty unlikely to abate soon, SGX's positioning as a multiasset risk-management platform is a critical differentiator. Maybank Research lifts its FY 2026-2028 EPS estimates for SGX by 4%-8% to reflect higher average daily volume forecasts. It raises the stock's target price to 25.25 Singapore dollars from S$20.37 with an unchanged buy rating. Shares are 3.2% higher at S$23.31. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 15, 2026 02:42 ET (06:42 GMT)
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