- SGX achieved a total securities market turnover of S$25.45 billion in April.
- This represents a 7% month-on-month increase on the total securities market turnover.
- Derivatives volume saw a slight 0.6% growth month-on-month, reaching 24.11 million.
- In contrast, the daily average volume of derivatives experienced a minor dip of 0.9% month-on-month, settling at 1.18 million.
- There were 2 buy recommendations, 8 holds, and 3 sell positions presented.
- All comparisons noted are based on previously disclosed values from the company’s own origins.
A look at SGX Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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
Based on the Smartkarma Smart Scores, Singapore Exchange Limited (SGX) is viewed positively in terms of its long-term outlook. With respectable scores in Growth, Resilience, and Dividend, SGX appears to be positioned well for the future. The company’s focus on growth, coupled with its ability to weather market challenges and provide consistent dividends to shareholders, indicates a promising trajectory ahead. In addition, SGX‘s momentum score suggests a level of stability and potential for continued growth in the coming years. Overall, SGX‘s Smart Scores paint a favorable picture of the company’s prospects moving forward.
Singapore Exchange Limited (SGX) is the owner and operator of Singapore’s Securities and derivatives exchange, as well as its related clearing houses. Alongside its core exchange operations, the company offers additional services such as securities processing and information technology services to participants in the financial sector. With its solid Smart Scores in areas like Growth, Resilience, and Dividend, SGX appears well-positioned for long-term success as it continues to play a vital role in Singapore’s financial markets.
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.
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