SGX's February daily average value highest since May 2013

Singapore

THE daily average value of securities traded on the Singapore Exchange (SGX) in February was S$1.7 billion, up 22 per cent from the same period a year earlier and the highest since May 2013.

In it latest market statistics report out on Thursday, the SGX put the perkier activity down to "new money flows into the Singapore equities market from both the institutional and retail segments, fuelled by investor interest in an improving market and into recent IPOs (initial public offerings)."