Securities daily average volume hits 5-year high in April for SGX
It was a bumper month for the Singapore Exchange (SGX) in April, with securities daily average volume hitting a five-year high. However, analysts say that for sustained growth, Singapore needs more informed investors who are able to tap into the full potential of SGX. Equity analyst Nirgunan Tiruchelvam, Head of Consumer and Internet at Aletheia Capital, tells CNA how the SGX will appeal to companies, adding that he foresees more IPOs to come despite recent delistings.
It was a bumper month for the Singapore Exchange (SGX) in April, with securities daily average volume hitting a five-year high. However, analysts say that for sustained growth, Singapore needs more informed investors who are able to tap into the full potential of SGX. Equity analyst Nirgunan Tiruchelvam, Head of Consumer and Internet at Aletheia Capital, tells CNA how the SGX will appeal to companies, adding that he foresees more IPOs to come despite recent delistings.
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