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SGX expected to stay the course after captain departs

Published Wed, Feb 25, 2015 · 09:50 PM
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Singapore

INVESTORS shrugged off news that Singapore Exchange (SGX) chief executive Magnus Bocker will leave the market operator after his contract ends in June, as analysts said they expected the company to stick to its current strategy in the short term.

SGX shares closed at S$8.20, lower by 0.2 per cent or two cents. About 2.2 million shares changed hands, or 13 per cent above the six-month average trading volume of the stock, according to Bloomberg.

Traders were not yet …

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