SGX Group Reports 35% YoY Rise in Securities Daily Average Value
SGX Group reported a 35% year-over-year increase in securities daily average value (SDAV) to S$2.2 billion for August. Total securities market turnover climbed 29% year-over-year to S$43.3 billion. Derivatives traded volume decreased 1% year-over-year to 27.1 million contracts, with daily average volume down 2% year-over-year to 1.3 million contracts.
The Straits Times Index (STI) advanced 35% year-over-year to 5,755.36, outperforming other ASEAN markets year-to-date. Turnover in STI constituents increased 44% year-over-year to S$1.5 billion, driven by institutional and retail investors. STI ETFs recorded an 18th consecutive month of net inflows, totaling S$1.6 billion and increasing assets-under-management to S$5.8 billion.
SGX Straits Times Index Futures open interest rose to a record S$49.5 million notional, while MSCI Singapore Index Futures open interest reached S$11.8 billion notional, both all-time highs. GIFT Nifty futures and options open interest increased 15.1% year-over-year to 327,889 lots. FX derivatives saw a 47% year-over-year increase in traded volume, reaching 8.1 million contracts, driven by dollar weakness and portfolio hedging.
Secondary fundraising totaled S$3.57 billion in the first eight months of 2026, and two companies transferred listings to the Mainboard from Catalist.
The results demonstrate strong equity market participation alongside increased hedging activity in FX derivatives, coinciding with a period of regional equity inflows and a strengthening Renminbi. These trends suggest a continued appetite for risk assets and a growing role for SGX in facilitating regional capital flows.