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An announcement from Singapore Exchange ( (SG:S68) ) is now available.
SGX Group reported a strong performance in October, driven by institutional inflows and active risk management amid global economic shifts. The securities market saw a 26% year-on-year increase in turnover, with significant contributions from index and small- to mid-cap stocks. The launch of the Indonesia-Singapore Depository Receipt Linkage further deepened ASEAN market connectivity. Additionally, the SGX FTSE China A50 Index Futures experienced a surge in activity due to geopolitical uncertainties, while Taiwan’s equity markets benefited from global AI demand.
The most recent analyst rating on (SG:S68) stock is a Buy with a S$20.00 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
SGX Group, also known as Singapore Exchange, operates in the financial services industry, primarily focusing on securities and derivatives trading. It plays a crucial role in the Asian market, facilitating capital market connectivity and offering products like the FTSE China A50 Index Futures and various depository receipts.
Average Trading Volume: 2,458,211
Technical Sentiment Signal: Buy
Current Market Cap: S$18.01B
See more insights into S68 stock on TipRanks’ Stock Analysis page.