SGX Group sees diversification as key driver of resilience

DESPITE volatile market conditions for equities and a slowdown in capital raising globally, the Singapore Exchange (SGX Group) delivered a robust performance in its fiscal first half.

At the heart of this resilience is a well-diversified business model, said the bourse’s chief executive Loh Boon Chye.

While SGX Group’s cash equities segment saw weaker revenue as higher interest rates impacted trading volumes, its derivatives business was an outperformer.