If you are interested in the Singapore stock market, then you have to invest via the Singapore Exchange Limited (SGX: S68), or more commonly known as SGX. SGX, which is listed in Singapore and is part of the 30 companies that make up the Straits Times Index (STI). The exchange is the largest in Southeast Asia and houses more than 700 companies. It is the only stock exchange in Singapore. This means that it is essentially a monopoly here in the city-state.
Here are 7 things you need to know about Singapore Exchange Limited.
TICKER SYMBOL: SGX:S68
MARKET CAP: S$7.8 billion
INDUSTRY: Stock Exchange
Singapore Exchange (SGX) operates through 3 business segments which can be seen in the diagram below. The diagram also shows the breakdown within each segment.
Source: Company Website
SGX’s clearing house business earns revenue every time a transaction on …Read the full article →