The Business Times
business-time-50

Japan’s stock market revival could hold lessons for Singapore despite fundamental differences

The Straits Times Index has gained a modest 4.8% in the year to date

google-preferred-sourceAdd BT as a preferred source
Navene Elangovan

Navene Elangovan

Published Thu, Jun 20, 2024 · 05:00 AM
    • Market observers say the Singapore Exchange could consider issuing guidance for listed companies to trade above book value, like the Tokyo Stock Exchange.
    • Market observers say the Singapore Exchange could consider issuing guidance for listed companies to trade above book value, like the Tokyo Stock Exchange. PHOTO: AFP

    SINGAPORE’S stock market has been languishing in recent years amid low liquidity and a dearth of new listings.

    This is in stark contrast to Japan’s public market, for example, where fiscal reforms have sparked a resurgence of interest from investors.

    Japan’s benchmark Nikkei 225 index notably hit a 34-year high earlier this year and has climbed 16.1 per cent in the year to date.

    Corporate governanceJapan stocksBank of JapanSingapore stock marketSGXTokyo Stock Exchange

    TRENDING NOW

    Transport Minister and Second Minister for Finance Jeffrey Siow announced the second tranche of assistance measures in response to the Middle East situation on Jul 29.

    Extra S$300 in CDC Vouchers, U-Save rebates for households as part of S$900 million support package

    From left: Low Yen Ling, senior minister of state for trade and industry and culture, community and youth, and Jeffrey Siow, transport minister and second minister for finance, announcing the second tranche of assistance measures.

    Singapore rolls out S$900 million support package for businesses, households in light of Iran war

    The platform comprises five separate agents that will cut down time for the bank, from the current industry median of around six weeks.

    OCBC to use agentic AI to cut wealth onboarding time to 15 business days

    Yeoh Pei Xien is the youngest grandchild of Yeoh Tiong Lay, who founded Malaysian multinational conglomerate YTL Corporation.

    Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More