Advertisement
Singapore markets close in 4 hours 45 minutes
  • Straits Times Index

    3,415.62
    -24.26 (-0.71%)
     
  • Nikkei

    40,813.13
    -100.52 (-0.25%)
     
  • Hang Seng

    17,832.38
    -195.90 (-1.09%)
     
  • FTSE 100

    8,241.26
    +70.14 (+0.86%)
     
  • Bitcoin USD

    55,141.73
    -3,898.33 (-6.60%)
     
  • CMC Crypto 200

    1,145.88
    -115.30 (-9.15%)
     
  • S&P 500

    5,537.02
    +28.01 (+0.51%)
     
  • Dow

    39,308.00
    -23.90 (-0.06%)
     
  • Nasdaq

    18,188.30
    +159.54 (+0.88%)
     
  • Gold

    2,369.40
    0.00 (0.00%)
     
  • Crude Oil

    83.70
    -0.18 (-0.21%)
     
  • 10-Yr Bond

    4.3550
    0.0000 (0.00%)
     
  • FTSE Bursa Malaysia

    1,614.78
    -1.97 (-0.12%)
     
  • Jakarta Composite Index

    7,249.63
    +28.74 (+0.40%)
     
  • PSE Index

    6,537.51
    +30.02 (+0.46%)
     

SGX securities turnover dips 8% to $27.3b

Securities daily average value also dropped.

According to a release, Singapore Exchange (SGX) said its derivatives volumes in August increased from a year earlier.

Total securities turnover was S$27.3 billion, down 8% year on year. However securities daily average value (SDAV) was down 4% to S$1.4 billion due to one less trading day in August 2013 compared to a year earlier.

Catalist turnover increased nearly 5 times year-on-year to S$1.4 billion.

Funds raised from bond listings decreased 52% year-on-year to S$5.5 billion. The biggest bond listed was a US$1 billion bond issue by Baidu.

Total futures and options volume increased 32% year-on-year to 8.6 million contracts.

ADVERTISEMENT

Year-on-year, China A50 Index Futures volume more than doubled to 1.8 million contracts and MSCI Taiwan Index Futures trading was up 13% to 1.6 million contracts. Nifty Index Futures volume was up 34% to 1.6 million contracts and reached a record daily average volume of 80,119 contracts. Nikkei 225 Index Futures volume was up 6% from a year earlier to 2.2 million contracts. MSCI Indonesia Index Futures volume increased nearly 9 times to a record 46,707 contracts and achieved a record daily average volume of 2,747 contracts.

Month-end open interest was up 45% year-on-year to 3.5 million contracts.

SICOM rubber futures volume was 29,261 contracts, up 46% from a year earlier.

A total S$6.5 billion notional of new OTC financial derivatives transactions were cleared, down 19% from a year earlier.

Volume of OTC commodities cleared increased 29% year-on-year to 49,667 contracts.

Volume of iron ore swaps cleared increased 53% year-on-year to 45,610 contracts.



More From Singapore Business Review