Group 1 - The Singapore Exchange Group (SGX Group) reported strong growth in July, with total trading volume in commodities increasing by 76% year-on-year, reaching a historical high of 9 million contracts [3] - The securities market saw a total trading value increase of 27% year-on-year, reaching 33.8 billion SGD, marking a three-month high [1] - The average daily trading volume in the securities market also rose by 27%, reaching 1.47 billion SGD [1] Group 2 - The small and mid-cap stocks showed exceptional performance, with liquidity surging by 94% month-on-month to 2.61 billion SGD, contributing significantly to the overall trading volume increase [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 in the market, while institutional investors have net bought 62 million SGD in small and mid-cap stocks over the past six months [2] Group 3 - The MSCI Singapore Index has risen for three consecutive months, reflecting investor confidence in the resilience and growth potential of Singapore-listed companies [2] - The average daily trading volume of MSCI Singapore Index futures increased by 16% month-on-month, reaching 48,137 contracts [2] - The total open interest for MSCI Singapore Index futures reached a historical high of 7.1 billion USD by the end of the month [2] Group 4 - The derivatives market also performed well, with the average daily trading volume for iron ore reaching a record high of 362,755 contracts [3] - The trading volume for forward freight agreements (FFA) increased by 56%, reaching the highest level since March 2024 [3] - The demand for foreign exchange futures surged due to uncertainties in US-India trade negotiations, with the trading volume for INR/USD futures increasing by 41% year-on-year [3]

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]