SGX reports October equity market activity rose, while some equity derivatives volume fell

Stock ticker at SGX building on Shenton Way; taken October 2018.Stock ticker at SGX building.

Singapore Exchange reported Friday its total securities market turnover value climbed 9 percent on-month in October to S$21.6 billion, with securities average daily value increasing 4 percent on-month to S$980 million.

“Asian equity market activity was marked broadly by a return of investor risk appetite during the month, amid signs of progress in U.S.-China trade negotiations and easing uncertainties over the path ahead for Brexit,” SGX said in a statement.

While cash equities markets were active, SGX’s equity derivatives volume was mixed, the exchange said.

Total equity-index futures traded volume fell 14 percent on-month to 12.2 million contracts in October, with Nikkei 225 Index futures volume declining 14 percent on-month, SGX said.

MCI Singapore and MSCI Taiwan index futures increased 15 percent and 12 percent on-month, respectively, however, the exchange said.

Among foreign-exchange derivatives, SGX USD/CNH futures saw trading rise 43 percent on-year to 634,737 contracts during the month, with total foreign exchange futures trading up 11 percent on-year to 1.85 million contracts, the exchange said.

For commodity futures, iron ore derivatives volume rose 6 percent on-year to 1.27 million contracts in October, raising total commodity derivatives volume by 1 percent on-year to 1.49 million contracts, SGX said.

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