The Singapore Exchange starts the year with active trading, with total trading volume in January increasing by 66% year-on-year | Lianhe Zaobao
In January, the Singapore Exchange saw active trading, with total trading volume increasing by 66% year-on-year to SGD 34.6 billion. The average daily trading value grew by 58% to SGD 1.65 billion. The trading volume of derivatives increased by 34% year-on-year, with the average daily trading volume rising by 27%. The trading volume of exchange-traded funds (ETFs) reached a record high, doubling year-on-year to SGD 1.4 billion, while assets under management grew by 43%, primarily driven by inflows into gold, the Straits Times Index, and real estate investment trust ETFs
The Singapore Exchange (SGX) started the year with active trading, with the total trading volume in the securities market in January increasing by 66% year-on-year, reaching SGD 34.6 billion.
The monthly market statistics report released by SGX on Tuesday (February 10) showed that the average daily value of securities in January increased by 58% year-on-year, reaching SGD 1.65 billion. In terms of derivatives, the trading volume in January grew by 34% year-on-year, to 32.1 million contracts; the average daily trading volume increased by 27% year-on-year, reaching 1.6 million contracts.
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Meanwhile, the trading volume of exchange-traded funds (ETFs) in January reached a new high, doubling year-on-year to SGD 1.4 billion.
By the end of the month, the assets under management of these investment tools significantly increased by 43% year-on-year to SGD 19.1 billion. This was mainly due to the continuous inflow of funds into ETFs related to gold, Straits Times Index, and real estate investment trusts.
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