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Singapore Exchange's Securities Market Turnover Surges 37% in July

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Singapore Exchange's (SGX:S68) securities market turnover jumped 37% year over year in July to SG$46.2 billion, with securities' daily average value surging 37% to cross SG$2 billion for a sixth consecutive month, according to a Wednesday bourse filing.

Derivatives traded volume climbed by 16% year over year to 33.9 million contracts, while derivatives daily average volume rose 16% to around 1.5 million contracts.

During the period, The Straits Times Index advanced 8.9% to 5,628.5, the biggest month-on-month increase in more than five years.

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