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United States

Singapore Exchange Ltd (SGXL.SI)

SGXL.SI on Stock Exchange of Singapore

7.74SGD
27 Jul 2016
Change (% chg)

$0.04 (+0.52%)
Prev Close
$7.70
Open
$7.70
Day's High
$7.76
Day's Low
$7.68
Volume
1,177,100
Avg. Vol
1,927,487
52-wk High
$8.52
52-wk Low
$6.61

Latest Key Developments (Source: Significant Developments)

Singapore Exchange posts 20 pct fall in fourth-quarter NPAT
5:14am EDT 

Singapore Exchange Ltd : Q4 NPAT attributable to shareholders S$76.8 million versus S$96.2 million . FY derivatives revenue increased S$29.5 million or 10% to S$325.3 million . Expect FY2017 operating expenses to be between S$420 million and S$430 million . FY2017 technology-related capital expenditure to be between S$65 million and S$70 million . Q4 operating revenue S$198.1 million versus S$215.3 million . Brexit, US presidential election and changes in interest rates, could result in market participants adopting cautious approach . FY securities trading and clearing revenue decreased S$4.3 million or 2% to S$205.0 million .On 28 June 2016, extended period of exclusive discussions with baltic exchange, discussions are on-going.  Full Article

Singapore Exchange proposes final dividend of 13 Singapore cents
5:14am EDT 

Singapore Exchange Ltd : Full yearly results) . Proposed final dividend of 13 Singapore cents .  Full Article

Singapore Exchange provides further details on market disruption
Tuesday, 19 Jul 2016 12:27am EDT 

Singapore Exchange Ltd : News release: SGX provides further details on market disruption) . Investigations found that thursday's event was caused by a disk failure and an application that did not detect the problem . Disruption was prolonged due to challenges in the orders and trade reconciliation process" . SGX detected input/output errors on a disk that runs the application to send out clearing confirmation messages to members . Proceeded to work with individual member to reconcile trade and orders status to ensure that records were accurate . Disk has been replaced on Thursday and complete health checks conducted" .  Full Article

Singapore Exchange to transfer regulation unit to subsidiary company with separate board
Monday, 18 Jul 2016 12:04am EDT 

Singapore Exchange Ltd : SGX to transfer regulation unit to subsidiary company with separate board) . Will establish a separate subsidiary company (RegCo) to undertake all the front-line regulatory functions it currently performs . Says RegCo will be governed by a Board of directors separate from that of SGX . Says establishment of RegCo will not add to the requirements of the current IPO listing process . Says SGX expects to set up RegCo by the second half of 2017 .  Full Article

Singapore Exchange shares open 0.4 percent lower after Thursday's trading halt
Thursday, 14 Jul 2016 09:00pm EDT 

Singapore Exchange Ltd : Shares open 0.4 percent lower after thursday's trading halt ((marius.zaharia@thomsonreuters.com;)).  Full Article

Singapore Exchange reports market statistics for June 2016
Thursday, 7 Jul 2016 05:12am EDT 

Singapore Exchange Ltd : June total securities market turnover value rose 4% month on month and fell 9% year on year to S$22.5 billion . June Total Derivatives volume was 14.1 million, up 4% month on month and down 35% year on year . June Securities Daily Average Value (SDAV) was flat month on month and fell 13% year on year to S$1.0 billion . June SGX Commodities Derivatives volume was 996,410, down 26% month on month .  Full Article

Singapore Exchange says co and Baltic Exchange extend period of exclusive discussions
Tuesday, 28 Jun 2016 05:59am EDT 

Singapore Exchange Ltd : News release: sgx and baltic exchange extend period of exclusive discussions) . Has agreed with the baltic exchange to extend the period of exclusive discussions regarding cash offer from 30 June 2016 to 31 August 2016 .  Full Article

Singapore Exchange launches sustainability reporting guide and rules
Monday, 20 Jun 2016 05:43am EDT 

Singapore Exchange Ltd : News release: sgx launches sustainability reporting guide and rule) . Introduced sustainability reporting on a "comply or explain" basis . Is working with Global Compact Network Singapore (GCNS) to organise training workshops by sustainability reporting consultants . Main changes include giving companies up to 12 months from the end of the financial year to publish their first report. . "Materiality principle will be applied when determining whether an esg factor should be reported on" . Companies have to publish a sustainability report at least once a year, no later than 5 months after the end of each FY . Giving companies up to 12 months from end of FY to publish first report takes effect for any financial year ending on, or after, 31 December 2017 .  Full Article

Singapore Exchange reports market statistics for May 2016
Friday, 3 Jun 2016 05:34am EDT 

Singapore Exchange Ltd : News release: sgx reports market statistics for May 2016) . May securities daily average value (sdav) rose 3% month on month and was down 11% year on year to s$1.0 billion . Says may total derivatives volume was 13.6 million, down 9% month on month . May total securities market turnover value rose 3% month on month and was down 6% year on year . Total market capitalisation value of 766 listed companies stood at s$894.7 billion as at end May 2016 . For may sgx commodities derivatives volume was 1.3 million, down 26% month on month .  Full Article

Singapore Exchange extends MTP review for 13 companies to September
Thursday, 2 Jun 2016 05:56am EDT 

Singapore Exchange Ltd : Sgx extends mtp review for 13 companies to September) . The extension means no company will be added to the watch-list due to mtp on 3 June 2016" .  Full Article