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An announcement from Singapore Exchange ( (SG:S68) ) is now available.
Singapore Exchange’s securities platform has added the UOBAM Ping An FTSE ASEAN Dividend Index ETF to its roster, broadening income-focused access to Southeast Asian equities for investors. The ETF, managed by UOB Asset Management, tracks the FTSE ASEAN ex REITs Target Dividend Index, comprising 57 large- and mid-cap companies across Singapore, Indonesia, Thailand, Malaysia and the Philippines, and is designed to deliver higher dividend yields and defensive characteristics relative to the broader ASEAN market, with trading available in both Singapore and US dollars. SGX executives framed the listing as a further step in leveraging Singapore’s role as a regional capital hub by offering a simple, cost-efficient vehicle into high-quality, dividend-paying ASEAN companies, while UOBAM highlighted the region’s structural growth, favourable demographics and strong fundamentals as underpinning investor demand for yield and stability amid volatile markets. With this launch, SGX’s ETF shelf grows to 52 listings and more than S$18 billion in assets under management, reinforcing its positioning as a key venue for Asia-centric ETF products and potentially enhancing liquidity and choice for investors seeking diversified regional income strategies.
The most recent analyst rating on (SG:S68) stock is a Buy with a S$21.00 price target. To see the full list of analyst forecasts on Singapore Exchange stock, see the SG:S68 Stock Forecast page.
More about Singapore Exchange
Singapore Exchange (SGX) operates Singapore’s primary securities and derivatives marketplace, providing listing, trading, and related services for equities, fixed income, and exchange-traded funds (ETFs). Positioned as a gateway for global capital into Asia, SGX focuses on deepening regional capital markets and expanding its suite of Asia-focused investment products to attract both institutional and retail investors seeking diversified exposure to the region.
Average Trading Volume: 2,508,179
Technical Sentiment Signal: Buy
Current Market Cap: S$18.68B
Learn more about S68 stock on TipRanks’ Stock Analysis page.