Blog Post  IMPROVING VOLUMES FOR SGX

February has seen some heavy volume in the local market, as the Trump rally continues pushing markets to new highs. Securities daily average value (SDAV) in February was 1.409 billion, as reported by SGX. SGX provides monthly information on market statistics and weekly institutional and retail fund flows.
September October November December January February
SDAV
($ Million)
984 934 1,332 996 1,047 1,409

February's SDAV of 1.4 billion was 27% above the monthly SDAV of 1.1 billion for 2016, which is a positive development for the market. February's SDAV was the highest in the past six months, even higher than the 1.3 billion in November 2016, when the Trump rally began after the presidential elections. There is evidence that market sentiment is improving, as financial stocks have rallied on expectations for rising interest rates. The offshore and marine sector, ...

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