Market Chatter: Singapore Expands Equity Market Development Program

MT Newswires
02/19

Singapore expanded its Equity Market Development Program to SG$6.5 billion from SG$5 billion to improve liquidity and provide a boost to its capital markets, according to a Singapore Business Review report, citing a report by RHB Investment Bank.

The program is expected to start higher securities turnover and increase investor engagement towards listed firms.

According to the report, the Singapore bourse's average daily securities turnover could reach SG$1.84 billion by fiscal year 2028.

Meanwhile, derivatives volumes are likely to experience a compound annual growth rate of 10.4%, with recurring net profit at SGX projected to rise to SG$853 million by 2028, the report noted.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10