Singapore Exchange rings up record earnings, caps year with additional one-off dividend
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Bourse operator Singapore Exchange (SGX) reported record full-year earnings on Thursday (Aug 6) on growth across its businesses, while also proposing a one-off additional dividend.Singapore's equity market has gained this year after the Monetary Authority ofSingapore Exchange rings up record earnings, caps year with additional one-off dividend
Bourse operator Singapore Exchange (SGX) reported record full-year earnings on Thursday (Aug 6) on growth across its businesses, while also proposing a one-off additional dividend.Singapore's equity market has gained this year after the Monetary Authority of Singapore launched a programme to revive listings and improve liquidity.«Growth was broad-based, with our cash equities business leading the way and our foreign exchange and commodities pillars reaching new volume highs,» said Loh Boon Chye, Chief Executive Officer of SGX Group.A broader rotation of global capital toward Asian safe-haven assets amid dollar volatility has also helped, with the Straits Times Index hitting repeated record highs during the year.The city-state's bourse operator hosted 21 equity listings, up from six a year earlier, raising $4.1 billion.SGX said its IPO pipeline includes companies in sectors such as digital infrastructure, healthcare and consumer.Full-year net revenue from equities-cash segment rose 28.1 per cent and accounted for more than a third of the group's net revenue which rose 13.9 per cent to an all-time high of $1,478.3 million. Read more












