Commodities only bright spot for SGX in May

COMMODITY derivatives were the only bright spot for Singapore Exchange (SGX) in May, as trading volumes for securities and other derivatives continued to fall.

The total value of securities traded last month fell 38 per cent year on year to $23.4 billion; against the previous month, it was down 9 per cent.

In April, while the total value had fallen 17 per cent year on year, it was up 8 per cent month on month, at $25.8 billion.