SGX securities market hits record high in 2012

RELATED QUOTES

SymbolPriceChange
S68.SI8.11-0.05

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. 


More From Singapore Business Review
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3558+0.0018+0.13%
    USDSGD=X
    1.4912+0.0028+0.19%
    EURSGD=X
    2.0942+0.0011+0.05%
    GBPSGD=X
    90.1401-0.3067-0.34%
    SGDJPY=X
    5.7193-0.0084-0.15%
    SGDHKD=X
    2.8148-0.0075-0.27%
    SGDMYR=X
    9,844.7783-11.209-0.11%
    SGDIDR=X
    4.5811-0.0064-0.14%
    SGDCNY=X
    1.0071-0.0007-0.07%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,152.50-0.10-0.01%
    GCQ15.CMX
    14.90-0.07-0.49%
    SIU15.CMX
    60.41-3.09-4.86%
    ^XAU
    2.44-0.01-0.25%
    HGU15.CMX
    52.13-0.20-0.38%
    CLQ15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.52-0.03
    ^FVX
    2.23-0.05
    ^TNX
    3.01-0.06
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.126-0.056-30.77%
    5I0.SI
    0.400.000.00%
    E5H.SI
    0.305+0.005+1.67%
    5WA.SI
    0.705-0.010-1.40%
    N21.SI
    0.157-0.006-3.68%
    5GB.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.48+0.08+21.52%
    AXC.SI
    0.295+0.045+18.00%
    PA3.SI
    0.25+0.03+13.64%
    L02.SI
    0.78+0.08+11.43%
    AXL.SI
    0.32+0.03+8.47%
    UV1.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.126-0.056-30.77%
    5I0.SI
    0.32-0.10-23.81%
    I85.SI
    0.23-0.05-19.30%
    T18.SI
    0.21-0.03-12.50%
    5WJ.SI
    1.25-0.10-7.41%
    C76.SI