SGX to post soft securities numbers for Q2: OCBC

THE market's focus on small stocks during the fourth quarter of 2013 dragged trading values lower on Singapore Exchange (SGX) despite a surge in volumes, according to the latest data by the market operator.

But overall quarterly numbers, which SGX will report on Jan 22, should get some help from the growing derivatives business, OCBC Investment Research head Carmen Lee said.

The number of shares traded on SGX rose 10.9 per cent year on year in December to 54.1 billion shares, but the value of those shares fell 15.6 per cent over the same period to $20 billion.…