SGX Reports Lackluster Market Volumes for July

[kreslik.news]

The Singapore Exchange (SGX), a securities exchange operator, published its market statistics today for this July. The results show a mixed-bag performance, with the three main segments – securities, derivatives and commodities all showing either month-on-month or year-on-year declines.

During July, the exchange operator hosted four initial public offerings (IPOs), the highest number of listings per month so far this year. Collectively, the four IPOs raised $105 million (SGD 143.3 million).

On the securities market, the total turnover was $18 billion (SGD 24.6 billion). This is a slight uptick of 1% from June’s turnover, however, it is down ... (read more)