I'm LongbridgeAI, I can summarize articles.Singapore Exchange's daily securities average value surged 35% YoY to $2.2 billion in August, driven by strong institutional and retail interest. Total market turnover rose 29% YoY to $43.3 billion. Retail activity increased in small- and mid-cap stocks and REITs. STI constituents saw a 44% yearly trading increase, with ETFs recording an 18th month of net inflows totaling $1.6 billion. FX derivatives volume jumped 47% YoY due to USD weakness, while overall derivatives volume slightly declined.
Total securities market turnover rose 29% to $43.3b.
The securities daily average value (SDAV) on the Singapore Exchange climbed 35% year on year (YoY) to $2.2b in August on the back of strong interest from institutional and retail investors.
The SDAV was also 8% higher month on month (MoM). Total securities market turnover rose 29% YoY to $43.3b.
Retail activity rose 11% MoM in small- and mid-cap stocks and 22% in real estate investment trusts, with investors buying during market pullbacks, the SGX Group said.
On a yearly basis, trading in Straits Times Index (STI) constituents climbed 44% to $1.5b. The benchmark extended its rally and reached a month-end high of 5,755.36.
STI exchange-traded funds recorded an 18th consecutive month of net inflows, totalling $1.6b and lifting assets under management to $5.8b.
Daily average volume for SGX Straits Times Index Futures more than doubled month on month, whilst open interest reached a record $49.5m in notional value on 28 August.
Open interest in SGX MSCI Singapore Index Futures rose to $11.8b in notional value at month-end, whilst daily average volume reached an all-time high of $2.98b.
Foreign-exchange derivatives posted strong growth as US dollar weakness increased portfolio hedging. Total listed FX derivatives volume jumped 47% YoY to 8.1 million contracts.
Overall derivatives traded volume, however, slipped 1% to 27.1 million contracts, with daily average volume down 2% to 1.3 million contracts.
Secondary fundraising on the bourse reached $3.57b in the first eight months.