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Brokers' take

Published Tue, Jul 24, 2018 · 09:50 PM

Singapore Exchange | Buy Target price: S$9 July 24 closing price: S$7.50 RHB, July 24

SGX recorded FY2018 securities average daily value (SADV) of S$1.24 billion, which is in line with our expectation of S$1.2 billion, and higher than FY2017's S$1.12 billion.

Looking ahead, we are bullish on SADV, and have assumed FY20…

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