‘SGX needs to be better understood,’ says CEO Loh Boon Chye
His thesis of the exchange outgrowing domestic borders is corroborated by institutional watchers
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[SINGAPORE] Steering the local bourse through a once-in-a-generation equities-market revival ought to be a thoroughly enjoyable victory lap.
Yet, for Singapore Exchange (SGX) chief executive Loh Boon Chye, the triumph is clouded by familiar gripes.
Securities’ daily average value recently surged to S$1.8 billion, hitting an 18-year high, but market watchers continue to bemoan the lack of a marquee initial public offering, and retail investors remained bruised by the poor first-day share price performance of several recent debuts.
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