Singapore Exchange is poised to continue benefiting from likely high near-term market volatility, RHB Research's Shekhar Jaiswal says in a research report.
The daily average traded value of securities on SGX could continue to increase in FY 2026-2027, aided by the Singapore central bank's measures to boost the country's equity market, the analyst says.
RHB has marked to market its securities turnover and derivatives volume data for SGX, prompting a 4.5% increase in each of RHB's FY 2025, FY 2026 and FY 2027 earnings forecasts for the exchange.
RHB raises the stock's target price to S$14.10 from S$13.60 with an unchanged neutral rating.
Shares are down 1.1% at S$13.96.