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
    1.40880.000.00%
    USDSGD=X
    1.57510.000.00%
    EURSGD=X
    2.16840.000.00%
    GBPSGD=X
    86.40380.000.00%
    SGDJPY=X
    5.5020+0.0011+0.02%
    SGDHKD=X
    2.96130.000.00%
    SGDMYR=X
    10,015.67580.000.00%
    SGDIDR=X
    4.5355-0.0031-0.07%
    SGDCNY=X
    1.00940.000.00%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,133.40+10.80+0.96%
    GCZ15.CMX
    14.57+0.14+0.96%
    SIZ15.CMX
    48.82+1.99+4.24%
    ^XAU
    2.35+0.02+0.94%
    HGZ15.CMX
    45.26+2.70+6.34%
    CLV15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.52+0.04
    ^FVX
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    ^TNX
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    5DN.SI
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    N21.SI
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    5WA.SI
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    E5H.SI
    3.80-0.05-1.30%
    Z74.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.152+0.041+36.94%
    5MD.SI
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    5NF.SI
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    NO4.SI
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    AZT.SI
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    A7S.SI
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