Cause for concern: SGX headed for another sub-par year, SMCCA warns

The SGX will continue to regress.

The Small and Middle Capitalisation Companies Association (SMCCA) warned that the local bourse is headed for yet another sub-par year, as catalysts remain elusive while trading liquidity continues to remain depressed.

In a White Paper produced in collaboration with Voyage Research, SMCCA stated that in terms of trading liquidity, the SGX will continue its five-year downtrend.

“We have extended our earlier study of Trading Liquidity in the Singapore Stock Markets. Our analysis shows that there Singapore is in a downtrend over the last 5 years in terms of trading value. This is in contrast to Hong Kong and Thailand, which have improved their Trading Liquidity over the same period of time,” said Tan Choon Wee, President of SMCCA.

The report stated that the SGX’s outlook remains negative in 2015. The SMCCA also reiterated the need for a new catalyst to address the falling Trading Liquidity and revitalise the SGX. 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!