Listings outpace delistings in first 8 months

Singapore

LISTINGS marginally outpaced delistings on the Singapore Exchange (SGX) for the first eight months of this year.

As at end-August, the combined market capitalisation of new listings was S$6.43 billion, while that for delistings was S$6.13 billion, according to data compiled by the local bourse. This comes up to a net gain in market cap of just S$300 million.

Market watchers were quick to point out, however, that several major delistings are still in the offing. Two names come to mind:…