Iggy’s Journal: SGX Weekly Review: One Winner Trades in US Dollars, One Is Also US-Listed. What Changes for You?
Sunday 25 Oct 2026 | Afternoon
The Numbers
From the weekly review: JMH rose a little over 5% in US dollars across the five trading days. AvePoint, another name in the review, is listed in both the United States and Singapore.
An illustration from the episode, with made-up numbers: a share priced at US$10 rises to US$10.50, a gain of 5%. A S$13 starting value becomes S$13.02 after the exchange rate weakens, which implies a move from about S$1.30 to S$1.24 per US dollar (my back-calculation).
My Personal Take
A percentage without its currency is half a sentence. In the example, a 5% gain in US dollars moved a S$13 holding by 2 cents. The AvePoint half interests me more, because a company listed in two places may announce on the American schedule.
📺 YouTube: https://youtu.be/2lxBrQHDPVE
Cheers, Iggy 🦖
Not financial advice. Iggy’s Forensic Compliance Standards apply.
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