SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Asia’s leading multi-asset exchange

Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Equity Bottom-Up

CNMC Goldmine Holdings / Equity Bottom-Up

<ul><li>Among Singapore’s 100 most traded stocks, 22 have a combined ADT of S$42.9 million and market cap of S$8.15 billion.</li><li>Industrials, Technology, and Energy sectors make up nearly 80% of these stocks, reflecting global trends in infrastructure, AI, and renewables.</li><li>The 22 stocks recorded a net institutional inflow of S$132.35 million in 2025, led by CSE Global.</li></ul>

Among Singapore’s 100 most traded stocks, 22 have a combined ADT of S$42.9 million and market cap of S$8.15 billion.Industrials, Technology, and Energy sectors make up nearly 80% of these stocks, reflecting global trends in infrastructure, AI, and renewables.The 22 stocks recorded a net institutional inflow of S$132.35 million in 2025, led by CSE Global.

High Trading Activity Stocks Outside the Big-Caps

Singtel (Singapore Telecommunications) / Equity Bottom-Up

<ul><li>Institutions net bought S$92 million, while retail investors net bought S$904 million in Singapore stocks from 2Q25 to May 7.</li><li>Ten stocks, including CNMC Goldmine and Singtel, achieved double-digit returns, averaging 28% total return by May 7, 2025.</li><li>Eight of the next best-performing stocks, averaging 6% return, generate most revenue from Singapore, including two REITs.</li></ul>

Institutions net bought S$92 million, while retail investors net bought S$904 million in Singapore stocks from 2Q25 to May 7.Ten stocks, including CNMC Goldmine and Singtel, achieved double-digit returns, averaging 28% total return by May 7, 2025.Eight of the next best-performing stocks, averaging 6% return, generate most revenue from Singapore, including two REITs.

Actively Traded Stocks With Highest 2Q25 Returns in Early 2Q25

Offering Senior Secured Loans, Kilde

Kilde

Offering Senior Secured Loans

Kilde connects family offices, funds, and accredited investors to investment-ready private credit deals in developed and emerging markets. We offer senior secured loans from last-mile lending companies with strong capitalization, a healthy balance sheet, and a capable management team.

Thematic (Sector/Industry)

<ul>
<li>China accounts for more than 50% of the demand for the commodity basket which includes iron ore, copper, coal, zinc etc.  </li>
<li>In January, China's Total Social Financing (TSF) reached a record 7.05 trillion RMB, marking a 9.5% YoY increase.</li>
<li>This suggests the beginning of robust stimulus measures that may boost commodity demand in 2025.</li>
</ul>


China accounts for more than 50% of the demand for the commodity basket which includes iron ore, copper, coal, zinc etc.  
In January, China's Total Social Financing (TSF) reached a record 7.05 trillion RMB, marking a 9.5% YoY increase.
This suggests the beginning of robust stimulus measures that may boost commodity demand in 2025.


Metals and Mining: China Stimulus The Key To Demand Growth in 2025

<ul><li>10 Questions for CNMC Goldmine Holdings What is CNMC Goldmine’s business about and what are some of its key business segments? Our flagship project, the Sokor Gold Field, spans 10 square kilometers and has been producing gold for more than a decade.</li><li>Given that a large portion of CNMC Goldmine’s revenue is tied to gold prices, how does the Group manage the potential volatility?.</li></ul>

10 Questions for CNMC Goldmine Holdings What is CNMC Goldmine’s business about and what are some of its key business segments? Our flagship project, the Sokor Gold Field, spans 10 square kilometers and has been producing gold for more than a decade.Given that a large portion of CNMC Goldmine’s revenue is tied to gold prices, how does the Group manage the potential volatility?.

10 in 10 – CNMC Goldmine Holdings - Mining more Gold

<ul><li>The FTSE ST Catalist Index’s top weights are Kimly, UnUsUaL, CNMC Goldmine Holdings, Alset International and ISEC Healthcare – covering a variety of industries, spanning across consumer, metals & mining and real estate operations with a combined market capitalisation of nearly S$950 million.</li><li>The FTSE ST Catalist index is a market capitalisation weighted index that tracks the performance of Catalist-listed, the SGX sponsor-supervised board for growth companies.</li><li>The five biggest index weights of the FTSE ST Catalist Index are Kimly, Unusual, CNMC Goldmine Holdings, Alset International and ISEC Healthcare.</li></ul>

The FTSE ST Catalist Index’s top weights are Kimly, UnUsUaL, CNMC Goldmine Holdings, Alset International and ISEC Healthcare – covering a variety of industries, spanning across consumer, metals & mining and real estate operations with a combined market capitalisation of nearly S$950 million.The FTSE ST Catalist index is a market capitalisation weighted index that tracks the performance of Catalist-listed, the SGX sponsor-supervised board for growth companies.The five biggest index weights of the FTSE ST Catalist Index are Kimly, Unusual, CNMC Goldmine Holdings, Alset International and ISEC Healthcare.

Five Stocks with the Most Impact on the FTSE ST Catalist Index

Singapore

CNMC Goldmine Holdings Ltd. explores for gold and processes mined ore into gold dore.  The Company operates in Kelantan State of Malaysia.

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CNMC Goldmine Holdings (CNMC SP)

High Trading Activity Stocks Outside the Big-Caps

Among Singapore’s 100 most traded stocks, 22 have a combined ADT of S$42.9 million and market cap of S$8.15 billion. Industrials, Technology, and...

Singapore Exchange Ltd (SGX)

Actively Traded Stocks With Highest 2Q25 Returns in Early 2Q25

Institutions net bought S$92 million, while retail investors net bought S$904 million in Singapore stocks from 2Q25 to May 7. Ten stocks,...

Singapore Exchange Ltd (SGX)

Metals and Mining: China Stimulus The Key To Demand Growth in 2025

China accounts for more than 50% of the demand for the commodity basket which includes iron ore, copper, coal, zinc etc. In January, China's...

Kilde

10 in 10 – CNMC Goldmine Holdings - Mining more Gold

10 Questions for CNMC Goldmine Holdings What is CNMC Goldmine’s business about and what are some of its key business segments? Our flagship...

Singapore Exchange Ltd (SGX)

Five Stocks with the Most Impact on the FTSE ST Catalist Index

The FTSE ST Catalist Index’s top weights are Kimly, UnUsUaL, CNMC Goldmine Holdings, Alset International and ISEC Healthcare – covering a variety...

Singapore Exchange Ltd (SGX)

Price Gauge

52-week Range

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