The Motley Fool

3 Things You Should Know About the Singapore Stock Market Today

Hello, everyone. Here are three things about the local stock market that you might be interested in today.

1. The Straits Times Index (SGX: ^STI) tumbled 15.3 points, or 0.5%, to end the day at 3,077.97. Of the 30 index components, 23 were in the red; two were flat while five finished in the green.

The stock that fell the most among the index components was SATS Ltd (SGX: S58), coming down 4.5% to S$4.88. Meanwhile, the biggest gainer of the 30-stock index was Genting Singapore Ltd (SGX: G13), rising 6.7% to S$0.95.

2. The earnings season has started so do check out the latest earnings coverage below:

i) Genting Singapore – head here

ii) Kingsmen Creatives Ltd (SGX: 5MZ)here

iii) OUE Commercial REIT (SGX: TS0U)here

iv) SATS – here

v) SBS Transit Ltd (SGX: S61)here

vi) Yoma Strategic Holdings Ltd (SGX: Z59)here

3. Today, Singapore Exchange Limited (SGX: S68) reported its market statistics for October 2018. Here are some of the key highlights:

a) Total securities market turnover value was S$24.3 billion, up 1% year-on-year. There were 23 trading days in October this year and 21 in October 2017.

b) Securities daily average value was S$1.06 billion, falling 7% year-on-year.

c) Market turnover value of exchange-traded funds (ETFs) was S$245 million, up 51% year-on-year.

d) Market turnover value of structured warrants and daily leveraged certificates (DLCs) stood at S$1.82 billion, an increase of 11% compared to a year ago.

e) Total derivatives volume was 22.0 million, up 47% year-on-year, hitting a record high.

f) Equity index futures volume stood at 17.79 million, surging 58% year-on-year.

g) Total FX futures volume was 1.66 million, climbing 60% year-on-year.

h) SGX commodities derivatives volume was 1.47 million, up 13% compared to October 2017.

Singapore Exchange shares ended Friday at S$7.19 apiece, down 1.0% for the day.

Worried about the overall state of the market? Do you know the 1 thing you should never do in the stock market? The Motley Fool Singapore’s new e-book lays out a plan to handle market crashes, details the greatest advantage you have as an investor, and looks at decades worth of market data to bring you the smartest insights on investing. You can download the full e-book FREE of charge—Simply click here now to claim your copy

The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. The Motley Fool Singapore has recommended shares of SATS Ltd, SBS Transit Ltd and Singapore Exchange Limited. Motley Fool Singapore contributor Sudhan P owns shares in Kingsmen Creatives Ltd, SATS Ltd, SBS Transit Ltd and Singapore Exchange Limited.