SINGAPORE: The average daily value of trades on the Singapore Exchange (SGX) rose 12 per cent year-on-year in April to $1.3 billion although the average daily volume fell 26 per cent to 1.8 billion shares, according to the latest statistics from the market operator.
Total turnover for April was $26.7 billion from 21 trading days, up 24 per cent from a year ago, when there were 19 trading days. Total traded volume for the month was 37.9 billion shares, down 18 per cent. The Straits Times Index gained 14 per cent year-on-year to 3,613.93 as at end-April. Month-on-month, the bluechip index rose 5 per cent.
The year-to-date average daily turnover grew 15 per cent to $1.4 billion, while the average daily traded volume in the first four months of 2018 fell 18 per cent to 2.0 billion shares.
