SGX (SGX) Earnings: July Total Securities Market Turnover Hits S$33.81 Billion

SGX on Smartkarma

Analysts on Smartkarma, like Devi Subhakesan, are discussing the potential for increased listings on the SGX Group (SGX SP). In a recent report titled “SGX Group (SGX SP): Likely More Listings. Triggered by Trade Tensions, Tax Perks,” there is a bullish sentiment towards the SGX as it may benefit from trade tensions and tax incentives. The report highlights how a rise in listings could lead to higher cash flow and potentially improve the medium-term growth prospects and valuations of SGX. The surge in interest to list on SGX is attributed to the escalating U.S.-China trade tensions and Singapore’s policy toolkit designed to attract more companies.

A look at SGX Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analyzing the long-term outlook for Singapore Exchange Limited (SGX) using Smartkarma Smart Scores reveals a positive overall assessment. With a strong score of 5 for Resilience, SGX demonstrates a robust ability to weather market fluctuations and economic challenges. This resilience is further supported by a Growth score of 4, indicating promising potential for expansion and development in the future. Additionally, the Momentum score of 4 suggests a favorable trend in SGX‘s market performance, showcasing consistent progress and upward movement.

While SGX‘s Value score is at 2, indicating a relatively lower valuation compared to other factors, the company still manages to maintain a Dividend score of 3, reflecting a moderate but steady payout to shareholders. Overall, Smartkarma Smart Scores point towards a promising long-term outlook for SGX, highlighting its resilience, growth potential, and positive market momentum in the coming years.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma