SGX says securities turnover fell in July from last year

Singapore Exchange (SGX) today said derivatives and commodities trading grew in July from a year earlier. Securities turnover was lower year-on-year though it was up from June.

Securities turnover fell 9% year-on-year to $26.5 billion. Securities daily average value was 14% down at $1.2 billion. Compared with June, daily average value was up 19%.

Catalist turnover increased 31% year-on-year to $614 million while ETF trading fell 58% to $343 million.

The securities borrowing and lending programme saw a 37% growth year-on-year in daily average outstanding loans to $26.6 million.

A total 36 bond listings raised $23.0 billion, up 74% from a year earlier.