SGX securities market hits record high in 2012

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Performance is up 20% for the year.

Singapore Exchange reports that the securities market performance as measured by the Straits Times Index was up 20% in 2012.

There are notable caveats though with regard to trading. "As in most global markets, trading activities declined." Also, securities turnover was lackluster, declining 12% in 2012 to S$321.5 billion; securities average daily value (SDAV) was 12% down at S$1.3 billion.

December proved to be a rallying period with securities turnover up 39% from a year earlier at S$23.2 billion; SDAV grew 46% to S$1.2 billion.

In the derivatives market, volume in 2012 reached a new high of 80.2 million contracts, up 11%; daily average volume also grew 11% to a new high of 326,595 contracts. Open interest reached a new high of 2.95 million contracts on 13 December. In December, volume was up 55% from a year earlier at 8.0 million contracts; daily average volume grew 67% to a record-high 402,920 contracts.

Commodities performed strongly in December and the whole of 2012. Volume of agri-commodity futures grew 56% in 2012 to 255,815 contracts. December volume grew 18% year-on-year to 20,442 contracts. Volume of commodity swaps cleared in 2012 grew 74% to 332,465 contracts. In December, volume cleared grew 80% year-on-year to 22,036 contracts.

Meanwhile volume of OTC interest rate swaps cleared totalled S$316 billion notional since the November 2010 launch. New trades cleared in 2012 totalled S$85 billion, up 39% year-on-year. In December, volume of new trades cleared was S$2.3 billion, up 91% from a year earlier.

Here are the other key highlights for the year:

  • Stock market capitalisation grew 20% in 2012 to S$935 billion.
  • Bond listings reached a three-year high of S$183.1 billion in 2012, up 49% from the previous year. There were 390 bond listings in 2012, up 36%. The biggest listings during the year were the US$2.25 billion Indonesian sovereign bonds and the US$2 billion Nippon Life Insurance 30-year bond. In December, 16 bond listings raised S$5.4 billion. The value of listings was down 35% from a year earlier. The largest bond listing in December was the US$1 billion Mongolian government bond.
  • SGX’s newer derivative contracts continued to gain traction, posting strong volume growth in December and all of 2012. China A50 futures volume tripled in 2012 to a new high of 10 million contracts. Trading of the contract also reached a new one-month high of 1.7 million contracts in December after achieving a record one-day volume of 196,968 contracts on 18 December.
  • Nikkei Dividend Index futures volume more than doubled in 2012 to a new high of 152,554 contracts. In December, volume was up 25% from a year earlier at 5,533 contracts.
  • Volume of the Indian Nifty futures contracts in 2012 reached a new high 14.7 million contracts, up 0.3%. December volume grew 4% year-on-year to 1.2 million contracts.
  • SICOM rubber futures volume grew 55% in 2012 to 255,815 contracts. In December, volume was up 21% year-on-year to 20,442 contracts.
  • Volume of iron ore swaps cleared in 2012 more than doubled to 217,803 contracts, a new record high. In December, volume more than doubled to 18,968 contracts from a year earlier. 


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    Currencies
    NamePriceChange% Chg
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    USDSGD=X
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    EURSGD=X
    2.0201-0.0012-0.06%
    GBPSGD=X
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    SGDJPY=X
    5.8798+0.0405+0.69%
    SGDHKD=X
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    SGDMYR=X
    9,813.6641+56.998+0.58%
    SGDIDR=X
    4.7046+0.0189+0.40%
    SGDCNY=X
    1.0558+0.0138+1.33%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,212.20+9.00+0.75%
    GCM15.CMX
    16.56+0.16+0.98%
    SIK15.CMX
    73.81+2.14+2.98%
    ^XAU
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    HGN15.CMX
    56.98-0.01-0.02%
    CLM15.NYM
  • Bonds
    Bonds
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    ^TNX
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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.2950.0000.00%
    5WA.SI
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    N21.SI
    0.42-0.01-1.18%
    E5H.SI
    0.235+0.005+2.17%
    5GB.SI
    0.745-0.020-2.61%
    Y92.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.159+0.046+40.71%
    5IF.SI
    0.28+0.06+27.27%
    5OC.SI
    0.136+0.026+23.64%
    5UA.SI
    0.23+0.02+9.52%
    M11.SI
    0.24+0.02+9.09%
    5CF.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.188-0.052-21.67%
    5OF.SI
    0.089-0.016-15.24%
    S13.SI
    1.40-0.13-8.50%
    T14.SI
    0.325-0.030-8.45%
    T43.SI
    0.435-0.040-8.42%
    CH8.SI