Singapore Exchange Likely to Gain From Increased Trading Value -- Market Talk
Dow Jones
May 15
0501 GMT - Singapore Exchange is poised to benefit from potentially stronger trading momentum, RHB Research analyst Shekhar Jaiswal says in a note. The exchange operator saw its securities daily average value in April rising 6% on year. RHB now raises Singapore Exchange's expected FY 2027 securities daily average value to S$2.02 billion from S$1.89 billion previously, partly due to the government's Equity Market Development Program. RHB increases its FY 2026 to FY 2028 net profit forecasts for Singapore Exchange by 1.4%, 3.2% and 3.1%, respectively. It lifts the stock's target price to S$20.90 from S$20.30, while maintaining a neutral rating. Shares are down 1.8% at S$20.91.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
May 15, 2026 01:01 ET (05:01 GMT)
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