Traded value in the Singapore stock market down half
Daily traded value halved in the last two quarters of 2011, says SGX.
Singapore Exchange reported:
Daily traded value halved in the last two quarters of 2011 from over $1.9 billion in August 2011 to $0.8 billion in December 2011. An improvement in the market’s traded value during the first quarter of 2012 was followed by a decline during the second quarter.
Daily traded volume also fell in the last two quarters of 2011. This was followed by a significant increase in volumes during the first four months of 2012, peaking at over 2.9 billion shares in April 2012.
January and February of 2012 was marked by a strengthening of trading activity for all categories, with mid-cap and small-cap stocks recovering all its losses in traded value over the previous five months.
Trading activity slowed for large-cap and mid-cap stocks in the second quarter of 2012 amid renewed fears of the Eurozone sovereign debt crisis and an easing of China’s expansion. Volumes for small-cap stocks, however, remained at levels significantly higher than the July to December 2011 period.