Thursday, January 30, 2014

Epic Research: SGX Latest Market Update

Trading interest in Catalist-listed companies has risen considerably last year.Turnover value on the Singapore Exchange’s Catalist board accounted for 5.5 per cent of total market turnover value in 2013, more than double the 2.4 per cent from the year before.Trading activity on the Catalist board has grown significantly over 2013.
According to SGX data, the total value of Catalist-listed shares traded last year jumped 147 per cent from 2012, far exceeding the 5.7 per cent increase on the Mainboard.
Geoff Howie, director of market strategy sales and clients at SGX, said: The Catalist board itself makes up around 1 per cent of the total market capitalisation of all stocks listed on the SGX, and last year the turnover of those 140 over stocks that are on the Catalist board accounted for 5.5 per cent of turnover of all stocks listed on the exchange.
And we are seeing larger capitalised companies list on the Catalist board. If you look at the 10 or so biggest companies in terms of capitalisation on the board, five of those companies were listed on the Catalist last year.
So if you look at the very three biggest, you’ll see that they all have market capitalisation above S$ 600 million, and the nine largest stocks on the Catalist all have market cap above S$ 200 million.

There are 141 stocks listed on the Catalist with a combined market capitalisation of S$ 9.4 billion.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

0 comments:

Post a Comment