SGX securities turnover value down 20% to S$19.6b in December 2021

TOTAL securities market turnover value on the Singapore Exchange (SGX) S68 fell 20 per cent on year in December 2021 to S$19.6 billion, while the securities daily average value was also down 23 per cent on year at S$852 million.

However, the bourse saw an increase in demand for equity and commodity derivatives in the month, amid cautious optimism that the global economic recovery remained on track, SGX said in its monthly market statistics report on Thursday (Jan 13).

Derivatives traded volume on SGX rose 5 per cent on year to 19.3 million contracts, the highest in 3 months.

Equity index futures volume was up 7 per cent on year, largely due to gains in the SGX FTSE China A50 Index Futures and SGX MSCI Singapore Index Futures. Meanwhile, commodity derivatives volume gained 8 per cent on year to 2.6 million contracts amid a rebound in physical bulk trading activity and strong growth in freight derivatives.

As for the benchmark index, the Straits Times Index (STI) was up 3 per cent on month in December to 3,123.68. On year, it was up 10 per cent.

Additionally, SGX said S$1.7 billion of total primary funds were raised in 2021, up 20 per cent on year. It noted that the listing of Digital Core Reit in the year marked one of the largest real estate investment trust (Reit) listings globally by funds raised.

SGX-listed companies also raised S$14.8 billion in secondary funds in 2021, of which S$1.1 billion was raised in December.

As for new bond listings last month, the amount issued from 111 new bond listings rose 118 per cent on year to S$28 billion.

Shares of the SGX closed at S$9.65 on Jan 13, up S$0.01 .

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