February SDAV up 30% to $1.4b

Submitted By:  Staff Reporter Case Study:  No Total securities market turnover value soared 44% YoY to $27.5b. SGX’s securities daily average value (SDAV) jumped 30% YoY in February to $1.4b, despite the 4.4% decline in returns of the Straits Times Index (STI) or -6.5% in US dollar terms, according to the stock exchange. Likewise, total securities market turnover value soared 44% YoY to $27.5b in February, whilst market turnover value of exchange-traded funds (ETF) on SGX skyrocketed 245% YoY in February to $356m, the highest since August 2018. read more