The Singapore Exchange Group (SGX) reported a significant 26% year-on-year increase in the securities market turnover value for October, amounting to $33.9 million. Additionally, the securities daily average value (SDAV) surged 26% year-on-year to $1.54 billion.
The Straits Times Index (STI), a key market indicator, climbed 3% month-on-month to 4,428.62. This brings the calendar year-to-date gains to 16.9% and total returns to 21.9%.
In October, cash SDAV rose 24% year-on-year to $1.44 billion, driven by institutional net inflows of S$380 million into both index stocks and small- and mid-cap stocks. This marks the ninth consecutive month of net inflows into small- and mid-cap stocks.
On October 16, SGX Group launched the Indonesia-Singapore Depository Receipt (DR) Linkage in partnership with the Indonesia Stock Exchange. This initiative saw the debut of the inaugural batch of Singapore Depository Receipts (SDR) based on Indonesian blue-chip stocks.
The average daily volume (DAV) for SGX FTSE China A50 Index Futures increased 17% month-on-month in October to 601,676 lots, representing a notional value of US$9.2 billion. This marks the highest volume in a year, driven by geopolitical uncertainties.
Global AI demand has also buoyed Taiwan's equity markets to new highs. The DAV of SGX FTSE Taiwan Index Futures rose 6% year-on-year to 78,592 lots, with a notional value of US$7.1 billion.
The traded volume of commodity derivatives climbed 17% year-on-year in October to 6.6 million contracts, as market participants managed risks related to China's high-level policy discussions and the Xi-Trump meeting in South Korea. Benchmark iron ore derivatives volume surged 23% year-on-year, with futures open interest setting a single-day record of 2,195,002 lots on October 29.
SGX shares closed 20 cents higher, or up 1.183%, at $17.11 on November 11.
