The total securities market turnover value on the Singapore Exchange (SGX) climbed 5 per cent on the year to S$20 billion in December, according to the bourse operator’s monthly market statistics report released on Thursday (Jan 9).
SGX Monthly Market Statistics Report
This comes despite December’s total market volume falling 15 per cent to 19.4 billion shares, from 22.7 billion shares clocked for the corresponding month in the prior year.
Straits Times Index (STI)
SGX said that the benchmark Straits Times Index (STI) recorded a 17-year peak during December and rose 1.3 per cent to 3,787.6. It also closed the year up 16.9 per cent as Asean’s top performer.
Monthly Securities Market Data
The total securities daily average value stood flat year on year (yoy) at S$954 million, although the securities daily average volume was down by 19 per cent at 922 million shares.
Derivatives Market
The total trading volume of derivatives for December rose 10 per cent on the year to 23.2 million contracts, and advanced 18 per cent for 2024 to an all-time high of 298.4 million contracts.
New Listings and Index Futures
Notably, the FTSE China A50 Index Futures’ trade volume climbed 14 per cent yoy to 8.5 million contracts in December, translating to a 17 per cent increase to 103.2 million contracts for 2024 – the highest since its launch in September 2006.
Additionally, the FTSE Taiwan Index Futures’ volume also rose 11 per cent for 2024 to 18.6 million contracts, as investments in artificial intelligence boosted Taiwan’s equities market, which is heavily dependent on technology and semiconductor industries.
Commodities Market
The total commodities traded volume increased 31 per cent in 2024. This was driven by record annual volumes in benchmark iron ore, SGX Sicom rubber and petrochemicals.
Exchange-Traded Funds (ETFs)
Lion Global Investors partnered Shenzhen-based China Merchants Fund Management to list the Lion-China Merchants Emerging Asia Select Index exchange-traded fund (ETF) on SGX Securities. This is the world’s first Emerging Asia ETF traded in Singapore dollars and it allows traders to access four fast-growing markets of Indonesia, Malaysia, Thailand and India in a single trade.
Conclusion
Despite the total market volume falling in December, the SGX securities market turnover value saw a 5 per cent increase on the year to S$20 billion. The STI recorded a 17-year peak during the month, while the derivatives market saw a record trading volume.
Frequently Asked Questions
A: The total securities market turnover value was S$20 billion, a 5 per cent increase on the year.
A: The total market volume fell 15 per cent to 19.4 billion shares.
A: The STI rose 1.3 per cent to 3,787.6 and closed the year up 16.9 per cent as Asean’s top performer.
A: The total trading volume of derivatives rose 10 per cent on the year to 23.2 million contracts.
A: Lion Global Investors and China Merchants Fund Management launched the Lion-China Merchants Emerging Asia Select Index exchange-traded fund (ETF), the world’s first Emerging Asia ETF traded in Singapore dollars.
