The Business Times
business-time-50
BRUNCH
·
SUBSCRIBERS

Why a new generation of investors is thinking twice about SGX

It’s an uphill battle for Singapore’s stock exchange as younger investors set their sights on overseas markets such as the US instead

google-preferred-sourceAdd BT as a preferred source
Yong Jun Yuan

Yong Jun Yuan

Published Fri, Sep 27, 2024 · 03:00 PM
    • While experts believe that young investors are important to the vibrancy of an equities market, different headwinds stand in the way of making the Singapore Exchange more attractive to this cohort of investors.
    • While experts believe that young investors are important to the vibrancy of an equities market, different headwinds stand in the way of making the Singapore Exchange more attractive to this cohort of investors. PHOTO: ADOBE STOCK

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    AS AN avid investor who has been putting money into stocks since he was 19, software engineer Daniel Khoo – now 30 – holds a very dim view of the local equities market.

    “Having followed (the local equities market) for some time, my impression is that it is very slow, and liquidity is very bad. The bid-ask spread would be so wide that there would be no trade for hours at a time,” he says, adding that Singapore companies also have relatively smaller market capitalisations compared with global leaders.

    “Why buy ST Engineering if I can buy Lockheed Martin?” He also points out that unlike previous generations, investors today can easily access the US and other equities markets through online brokerages.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    SGXSingapore StocksBrunch

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Air India has been one of the foreign carriers most affected by the outbreak of hostilities in the Middle East.

    Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss

    In this economy, the smartest bets might no longer be sitting an ocean away, but are waiting right here at home.

    ‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    Malaysia ranks 23rd globally on the Milken Institute’s global opportunity index.

    South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More