Reduced SGX board lot sizes a win for investors, but issues remain
The exchange says the lower minimum investment size for higher-priced securities could broaden investor participation
Koh Kim Xuan
[SINGAPORE] Having smaller board lot sizes for some stocks on the Singapore Exchange (SGX) is a positive move, but the change is only part of the wider equation of making the local market more attractive, industry players said.
The exchange, which issued a consultation paper on this topic on Friday (Jan 23), said that the lower minimum investment size for higher-priced securities could broaden investor participation.
This would increase trading activity and enable investors to access higher-priced securities easily to build more diversified portfolios.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Koh Brothers Eco Engineering faces up to S$57.6 million in potential liabilities from legal disputes
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
DayOne secures S$530 million green loan from DBS, OCBC and UOB for Singapore data centre