THE total securities market turnover value on the Singapore Exchange (SGX) increased 1 per cent year on year (yoy) to S$20.8 billion in January, with the Straits Times Index (STI) hitting a 17-year high and exchange-traded funds’ (ETFs) assets under management (AUM) rising to a record level.
January’s total market turnover volume fell 31 per cent to 19.1 billion shares, from 27.7 billion shares in the same month a year ago, according to the bourse’s monthly market statistics report on Tuesday (Feb 11).
Month on month, securities market turnover value climbed 4 per cent to S$20.8 billion, with securities daily average value up 9 per cent at S$1.04 billion.
The STI hit 3,886.98 on Jan 8, its highest level since October 2007, continuing the strong showing it displayed in December 2024.
Month on month, the index was up 1.8 per cent at 3,855.82, compared to declines for peer indices across the Asean region.
Cash securities daily average value was up 8 per cent at S$1 billion, as SGX noted that there was growth in trading activity across all client segments led by real estate investment trusts and index stocks.
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Meanwhile, the market turnover of ETFs climbed 11 per cent yoy to S$324 million, with volume dipping 7 per cent to 203 million shares.
ETF AUM increased 25 per cent yoy to a record S$13.3 billion. The top three ETFs by net inflows were SPDR Gold Shares, CSOP iEdge SEA+ TECH ETF, and NikkoAM Singapore STI ETF.
In forex, total FX futures traded volume rose 35 per cent yoy to 5.8 million contracts.
SGX INR/USD FX Futures traded volume jumped 53 per cent yoy in January to 1.92 million contracts and a notional US$44.4 billion, an all-time high.
The bourse noted that this record Indian rupee futures volume on strong hedging demand came as investors prepared to manage currency risk on SGX FX ahead of the Reserve Bank of India’s monetary policy announcement in early February.
For commodities, there was record activity in petrochemicals as traded volume rose 42 per cent yoy to 2.43 million metric tonnes, driven by records for both paraxylene and benzene contracts. This was fuelled by heightened geopolitical uncertainty alongside a growing base of market participants.
