Saturday, 28 September 2024

Investing Updates : SGX Revival

URL: https://www.theedgesingapore.com/news/markets/singapore-exchange-insiders-cast-doubt-stock-market-revival

OpenAI

The article from The Edge Singapore delves into the skepticism among insiders regarding the revival of the Singapore stock market. Despite various efforts to rejuvenate the market, such as introducing new listings and making regulatory changes, insiders remain doubtful about a significant turnaround.

Key points from the article include:

  • Low Trading Volumes: One of the primary concerns is the persistently low trading volumes, which indicate a lack of active participation from investors.
  • Investor Interest: There is a noticeable lack of interest from both retail and institutional investors. This disinterest is attributed to various factors, including the availability of more attractive investment opportunities in other markets.
  • Competition from Other Financial Hubs: Singapore faces stiff competition from other financial centers like Hong Kong and Shanghai, which are drawing more attention and capital.
  • Regulatory Environment: While regulatory changes have been made to attract more listings and improve market conditions, these measures have not yet yielded the desired results.
  • Market Sentiment: Overall market sentiment remains cautious, with many investors preferring to wait and see how global economic conditions evolve before committing more capital to the Singapore market.

These factors collectively contribute to the ongoing challenges faced by the Singapore Exchange in its efforts to revive the stock market.

My Thoughts

  • Tough road for SGX.
  • Will still invest in STI and REITs. 
  • I think we need to inject major stimulus and lessen regulations to boost local IPOs. Exactly how to do it? Will see what the committee, experts do πŸ˜‰



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