随着本地股市持续上行，MSCI新加坡指数在7月连续第3个月上涨。新交所称，这彰显了投资者对新加 坡上市企业韧性与增长潜力的信心。在利好政策与盈利预期的双重驱动下，机构投资者正加快布局，以 捕捉后市上涨空间。数据显示，新交所MSCI新加坡指数期货日均成交量环比增长16%，升至48137手， 月末未平仓合约规模更攀升至71亿美元的历史新高。 从数据来看，7月，新交所证券市场总成交额同比增长27%，升至338亿新元，创下近3个月新高；日均 交易量同比上升27%，达14.7亿新元。衍生品市场表现同样亮眼，当月总成交量同比增长25%，升至 2930万手；日均交易量（DAV）同比增长23%，升至约130万手。 7月，新交所证券市场亮点颇多。股市上市热潮不减，市场多板块成交量表现突出。 一方面，作为市场风向标的新加坡海峡时报指数（STI）在7月环比上涨5.3%，收于4173.77点，表现优 于东盟其他主要股市，并于7月24日以4273点的历史新高收盘。当月新加坡股票每日平均成交值环比增 长19%，各板块股票流动性均有所提升。 大宗商品总交易量同比上升76% 另一方面，中小型股票也表现优异。数据显示，中小型股票流动性环比激增 ...

Core Insights - SGX Group reported strong growth across its business segments in July, reflecting investor confidence in diverse asset classes [1][2][3] Securities Market Performance - In July, the total trading volume in the securities market increased by 27% year-on-year, reaching SGD 33.8 billion, marking a three-month high [1] - The average daily trading volume rose by 27% year-on-year to SGD 1.47 billion [1] - The Straits Times Index (STI) rose by 5.3% month-on-month, closing at 4,173.77 points, outperforming other major ASEAN markets [1] - Daily average trading value in Singapore stocks increased by 19% month-on-month, with improved liquidity across all sectors [1] Small and Mid-Cap Stocks - Small and mid-cap stocks saw a significant liquidity increase of 94% month-on-month, reaching SGD 261 million, contributing majorly to the trading volume growth [2] - The FTSE ST Small Cap Index and FTSE ST Mid Cap Index rose by 9.9% and 6.7% respectively [2] - Retail investors have become the fastest-growing segment, while institutional investors have net bought SGD 62 million in small and mid-cap stocks over the past six months [2] ETF Market Expansion - The launch of the 10th cross-border ETF under the Shenzhen Stock Exchange-SGX ETF mutual recognition mechanism contributed to market growth [2] - Total assets under management for ETFs increased by 36% year-on-year, reaching SGD 14.9 billion, with two ETFs tracking the STI surpassing SGD 3 billion in total size for the first time [2] Derivatives Market Performance - The total trading volume in the derivatives market increased by 25% year-on-year, reaching 29.3 million contracts [1] - Commodity trading volume surged by 76% year-on-year, hitting a historical high of 9 million contracts [3] - Iron ore average daily trading volume reached a record high of 362,755 contracts, with open interest nearing 3.5 million contracts [3] Forex Futures Demand - Forex futures trading saw increased demand due to uncertainties in US-India trade negotiations, with Indian Rupee/USD futures trading volume rising by 41% year-on-year to 2.2 million contracts [3] - The trading volume for USD/offshore RMB futures increased by 7% year-on-year to 3.1 million contracts amid heightened RMB exchange rate volatility [3]