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.

Asia’s leading multi-asset exchange

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

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Equity Bottom-Up

<ul><li>Technology Stocks have been among the weakest performing stocks across the globe so far this year, while still maintaining the strongest stock returns since the end of 2019.</li><li>Similarly, in Singapore, the 10 most traded stocks relevant to the Technology Sector have averaged 33% declines in total return this year, bringing the average total return of the eight stocks listed for the full period from the end of 2019 to 68%.</li><li>Last week Singapore’s 10 most traded Technology-related stocks averaged double-digit declines, with iFAST Corporation and Silverlake Axis the most defensive of the 10 stocks, averaging 4% declines, while AEM Holdings and UMS Holdings averaged 22% declines.</li></ul>

Technology Stocks have been among the weakest performing stocks across the globe so far this year, while still maintaining the strongest stock returns since the end of 2019.Similarly, in Singapore, the 10 most traded stocks relevant to the Technology Sector have averaged 33% declines in total return this year, bringing the average total return of the eight stocks listed for the full period from the end of 2019 to 68%.Last week Singapore’s 10 most traded Technology-related stocks averaged double-digit declines, with iFAST Corporation and Silverlake Axis the most defensive of the 10 stocks, averaging 4% declines, while AEM Holdings and UMS Holdings averaged 22% declines.

Technology Stocks Take Spotlight on US Trade Policy & Growth Outlook 