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Singapore Exchange ( (SG:S68) ) has provided an update.
SGX Securities has announced the listing of the SPDR J.P. Morgan Saudi Arabia Aggregate Bond UCITS ETF, marking its first Saudi Arabia-focused ETF. This listing provides Singapore investors with access to Saudi Arabia’s growing bond market, aligning with the country’s Vision 2030 economic diversification goals. The ETF, managed by State Street Investment Management, tracks the J.P. Morgan Saudi Arabia Aggregate Bond Index and has attracted significant interest from international investors, including a strategic investment from Saudi Arabia’s Public Investment Fund.
The most recent analyst rating on (SG:S68) stock is a Buy with a S$18.50 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 Limited (SGX) operates in the financial services industry, primarily providing securities and derivatives trading services. It focuses on offering a platform for investors to access various financial products and markets, including equities, fixed income, and commodities.
Average Trading Volume: 2,283,299
Technical Sentiment Signal: Buy
Current Market Cap: S$17.74B
For a thorough assessment of S68 stock, go to TipRanks’ Stock Analysis page.